Owners
O'STIN is a retail chain of stores offering men's, women's and youth clothing and casual mid-range accessories under the brand names O'STIN Casual, O'STIN Studio and O'STIN Woman.
The company also owns the Funday brand, under which clothes stores for the whole family have been operating since 2013.
Performance indicators
2023: Revenue growth to RUB 56.06 bln
The Russian clothing chain O'stin completed 2023 with revenue of 56.06 billion rubles against 52.1 billion rubles in 2022. The retailer's net profit decreased from 9.01 billion to 5.7 billion rubles. Such data were published by the Kontur. Focus service, the TAdviser portal got acquainted with them in May 2024.
In 2023, O'stin's cost of sales reached 25.55 billion rubles, an increase from 21.29 billion rubles in 2022. The company's gross profit decreased from 30.82 billion to 30.5 billion rubles, and profit from sales decreased from 13.07 billion to 9.698 billion rubles.
O'stin's business expenses in 2023 amounted to 20.82 billion rubles, which exceeds the same costs a year ago at 17.74 billion rubles. The company's accounts payable in 2023 amounted to 24.27 billion rubles against 21.34 billion rubles a year earlier. Accounts receivable during this time decreased from 3 billion to 2.65 billion rubles.
By the end of 2023, the O'stin retail chain has more than 630 stores in Russia,, Kazakhstan, and Kyrgyzstan. Armenia The range of Belarus O′stin includes clothing and accessories for women, men and children.
According to analysts who were interviewed by Shopper's portals, the revenue of O'stin and other fashion retailers in Russia in 2023 increased largely due to the opening of new stores and price increases. Infoline CEO Ivan Fedyakov estimated the increase in clothing prices in Russia at 15-20% at the end of 2023. At the same time, he also pointed to a "slight recovery in consumer activity," which, according to the analyst, also contributed to the rise in revenue of O'stin and other fashion retailers in the Russian Federation.
Business in Russia
The company has been operating in Russia since 2003.
As of November 2011, the chain included about 350 stores throughout Russia, as well as in Ukraine and Kazakhstan.
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