Gloria Jeans will take over eight former H&M and Uniqlo stores in early July
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The Russian manufacturer of clothing and footwear Gloria Jeans will open 11 new trading floors in Russia on July 1-2. Their total area will be 18 thousand square meters. 8 out of 11 sites of interest to Gloria Jeans were previously occupied by H&M and Uniqlo brand stores, the company’s press service told TASS.
New locations Gloria Jeans open:
- in Moscow in the shopping center “Afimall”, “Good” and “Shchelkovsky”;
- in Krasnogorsk in the shopping center “Tetris”;
- in Pushkin in the shopping center “Aquarelle”;
- in Anapa at the Central Department Store;
- in Voronezh in the shopping center “Univermag”;
- in Nizhnekamsk in the shopping center “Ramus Mall”;
- in Novoshakhtinsk in the shopping center “Maximum”;
- in Ulan-Ude in the shopping center “Pioneer”;
- in Chita in the shopping center “Aurora”.
As the press service of Gloria Jeans clarified, at the end of June, the total area of the company’s real estate was 600 thousand square meters. m. After the opening of new stores, it will reach 618 thousand square meters. In total, Gloria Jeans plans to open 130 stores in 2023, including relocations of existing outlets to another location. In total, according to the results of the first half of the year, the retailer occupied more than 50 locations that were vacated after international brands left the Russian market.
The revenue of Gloria Jeans Corporation JSC in 2022 increased by 11.3%, to 57.69 billion rubles, net profit – by 49.4%, to 6.14 billion rubles. The company’s stores are represented in Russia, Kazakhstan and Belarus. In May, a representative of Gloria Jeans told Kommersant that the company is actively exploring the possibility of entering new foreign markets in offline and online channels.
More details – in the publication “Kommersant” “Gloria Jeans Sheaths Online”.
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