- Sales to retail customers in the fourth quarter of 2024 year were slightly lower year to year (by 0.7%) and amounted 114.3 million PLN. Cumulatively, after 12 months, sales in the retail segment reached 399,0 million PLN, that is. 1.8% less than in 2023 year.
- Revenues from sales in segment B2B, including also wholesale supplies to known platforms marketplace, high in the fourth quarter of 2024 year 18.7 million . This result higher by 8.9% than year previously in the same period. In the whole year the wholesale sales of Wittchen Group reached 55.1 million £, that is by 9.5% less than in 2023 year.
Freezing concern and working on improving sales on platforms marketplace
– In last quarter of year, a key for retail trade, we observed an improvement in comparison with the third quarter, when it comes to the shopping behavior of consumers, both in Poland, as and most other countries, where we are present with our salons. Sales in stationary stores have increased in Romania, Slovakia, Germany and Austria. Started by us in 2024 year foreign salons are achieving satisfactory results. We still face the challenges related to sales on platforms marketplace. Yes as we already informed, we are working intensively on improving the model of cooperation with the biggest sales platforms
and on strengthening sales online in our own shops internet – comments Jędrzej Wittchen, President Wittchen S.A.
Read more
successful expansion foreign
In 2024 year the Wittchen Group launched two new salons in Austria, two other salons in Romania (a total in this country already has three shops fulfilling the showroom role) and one salon in Germany. The past year
was also the first full period of salon brand Wittchen in Slovakia,
where at the end of November last
year the store was also launched online.
Salon Wittchen in Bucharest, phot. mat. press.
What we know about Group Wittchen
Group Wittchen Deals with sales of exclusive leather accessories, footwear and clothing and luxurious add-ons and accessories for travel. Built for over 30 years the Wittchen brand is one of the most recognizable premium brands in Poland.
The Wittchen Group conducts sales through its own stores in 8 countries (including Poland), 46 platforms marketplace in 24 countriesandnetworkofover100stationaryshopsfunctioningunderbrandsWittchenandWittchenTravel.Providesitsownlogisticscenterin sub-WarsawPalmyry.
Since2015thecompanyWittchenS.A.islistedontheStock ExchangeValuablesin Warsaw.
.
