Mass exemptions in one of the largest chain of clothing stores in Russia


The consultants themselves say that the implementation of the plan is impossible with due to a serious lack of employees.
One of the interlocutors said.
FES Retail manages a network of over 500 Marek Re (formerly Reserved), “син” (formerly Sinsay), CR (Cropp), XC (House) and MO (Mohito). The company itself points out that over 6,500 people in 130 Russia cities work on its network.
In mid -April, it turned out that “sin” shops in various cities the motivational part of the remuneration has ceased to be paidas well as bonuses because of the “crisis situation”. Many consultants dissatisfied with reductions of remuneration began to leave work, and the network management promised to quickly respond to employees' claims.
Problems after the start of Russia's invasion of Ukraine
In 2024, in accordance with the financial statements, FES Retail revenues increased by 6 %, reaching 58 billion rubles (PLN 2 billion 675 million). Net profit according to the Ministry of Interior was 223 million rubles (PLN 10 million 283 thousand). According to the report, the company managed to maintain stability in the conditions of currency exchange rate fluctuations and high credit costs. FES Retail also announced plans to enter trade platforms to maintain sales volume and rate growth.
After the start of Russia's war in Ukraine, in March 2022, the Polish clothing retailer of LPP, managing the Cropp, Reserved and others brands, closed his stores in Russia and announced the transfer of Russian activities, whose revenues were second after revenues on the Polish market, Chinese investor.
However, in July 2022, “Kommiersant” learned that the new owner of the Russian subsidiary LPP, “Re Trading”, was registered in the United Arab Emirates Far East Services (95 percent of shares). Another 5 percent The assets went to the general director of the Russian branch of LPP Anna Pilyugina, which has been performing this function since 2013.




