LeEco shop in Russia to be closed
01.08.2017 0 Comments
Store in Russia, from the Chinese smartphone manufacturer LeEco is now closed. About it reports TASS.
Not having worked for a year, the store decided to close. It was located in Moscow TRTS “the ARTIUM”.
Victor Xu, President of LeRee (subsidiary LeEco created for doing business in Russia, Eastern Europe and the CIS), told why: “Brand store stopped working on August 1. Smartphones will continue to be sold in stores MTS, DNS, Eldorado, and Know-How. Due to the small influx of visitors and, consequently, of sales, the shop does not justify the expenses associated with the rental. Therefore, it will be closed and the company will focus on sales in the partner stores”.
Investment in the shop amounted to about $1 million. With the successful launch and subsequent success scheduled to open 150-500 stores in Russia.