OTTER
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Otter Distribution Expects 5% To 10% Annual Growth Over Next Three Years
Otter Distribution, which has footwear retail and wholesale operations, owns 66 stores under several brands in Romania and four abroad, two in Vienna, Austria and two Prague and Brno in the Czech Republic.
Otter Group Takes First Steps Abroad
Otter Distribution group, one of the largest actors in local footwear retail, whose portfolio includes the Otter, Clarks and Aldo brands, has opened its first stores outside Romania in Czech...
Otter Distribution Sees Double-Digit Growth In 2015
Otter Distribution, one of the largest local footwear retailers, ended last year with EUR26 million sales, an increase of more than 10% on 2014. The growth drivers were the rise in consumer...
Otter Distribution Wants To Expand Salamander Network To 20 Stores By 2016
Filip Schwartz, majority shareholder and chief executive of the Otter Distribution group, is developing a new shoe store network in Romania, under the Salamander brand.
Otter Distribution: Purchasing Power Still Low, Competition Stronger. This Is The New Normal
Filip Schwartz, majority shareholder and chief executive of the Otter Distribution group, says that even though the economy has changed in the last four years, this should be regarded as a t...
Competition Tightens On Footwear Market
Romanians buy one pair of shoes per year on average, on which they spend around 130 lei (about EUR30). However, the amount Romanians are willing to pay on shoes has dwindled in the last few...
Promenade Shoe Stores, Latest Bet Of Otter Shareholders
After having kept a low profile for more than two years, Filip Schwartz, major shareholder and CEO of Otter Distribution, is coming up with a new action plan, a footwear store network, which...