CCC Group to acquire a 75% stake in Szopex.

CCC Group, a European footwear and clothing retailer, agreed to acquire a 75% stake in Szopex, a multibrand sports retailer that offers branded athletic footwear, sports clothing, and accessories. Financial terms were not disclosed. ‘Expanding into the premium segment is a key element of our strategy – it represents the pinnacle of our segmentation model. This investment grants us access to the top designs from our partner brands while allowing us to strategically position our licensed brands, strengthening their presence across all our sales channels: CCC, HalfPrice, eobuwie, MODIVO, and Worldbox. We plan to grow this format in our key region. We are particularly excited about this collaboration, as Szopex has a highly specialised team that is a perfect fit for the CCC Group. By combining our expertise and resources, we can build an even stronger market position and create new opportunities to enhance our product offerings for customers,’ Dariusz Miłek, CCC Group President.