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The CCC group is planning a large expansion. I want to take the discount hovers. Modivo loyalty program will be

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The CCC president has a clear plan: – We want to scale business because it is very profitable – announces Dariusz Miłek, president and founder CCC. – I will not stop when it comes to expansion, Acquiring licenses, etc. I already know how to manage this business, how to control a boat. Who will I take a turn? A bit of all: discount stores, monobrand shops, clothing, footwear chains, and e-commerce stores. We will be much more widely available – he argues in an interview with PAP Biznes.

Great plans: CCC's ambition is to achieve over PLN 17 billion in revenues and PLN 3.4 billion in EBITDA in 2027 and over PLN 25 billion of revenues and PLN 5 billion in 2030 – in a few years we will be counting player on the European fashion market – announces the president. Last year, the group ended with revenues of PLN 10.5 billion and EBITDA in the amount of PLN 1.7 billion (annual increase of 120 %). It is worth emphasizing that CCC recorded an operational result of PLN 1.1 billion, which is over 500 percent. – I am responsible for delivering the results and these results are and will be delivered – promises Dariusz Miłek.

VIEW VIDEO Daniel Olender: I bought Dior's dress for PLN 30, and I sold for 13,000!

Actions go up: Interestingly, the president of CCC revealed that he was giving up remuneration. He counts on a bonus in a different form. – This is my plant with the marketI hope that the CCC exchange rate will reach PLN 1,000 in five years – he explained. A resolution has been changed recently, which allows “granting the President together with the management team of the right to cover a total of no more than 3 million Series P actions, price emission PLN 200 per share by granting them a total of no more than 3 million of E series subscription warrants, each of which entitles you to take up one action. “On Monday, the CCC was valued at PLN 220. In recent days, the rate of this company has grown by several percent.

Modivoclub – there will be a MODIVO loyalty program: A new loyalty program under the Modivo banner is to start in April. It is to connect all sales channels into one, among others CCC and HalfPrice stores. – Each network will have its own application and website, but at the end the final sales will be carried out by Modivo – explains Miłek. He hopes that during the year 3 million customers will buy a paid subscription and join Modivoclub loyalty club. It is to be at the price of PLN 59.99 a year and enable, among others Additional discounts and priority for promotions and sales. – This will be the only club of this kind in Europe, and the multitude of sales channels will be attractive – assured the president.

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Read also: Speculation about the new tax. “Unique mechanism”. 10-15 percent rate will do its job.

Sources: CCC, STOOQ.pl, PAP Biznes



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