Detsky Mir
Native name | Detsky Mir |
---|---|
Company type | Public |
MCX: DSKY | |
Industry | Children's retail |
Founded | June 6, 1957 in Moscow, Russia |
Key people | Maria Davydova (CEO) |
Revenue | $2.23 billion[1] (2021) |
$248 million[1] (2021) | |
$148 million[1] (2021) | |
Total assets | $1.6 billion[1] (2021) |
Total equity | $1.15 million[1] (2021) |
Subsidiaries | Early Learning Center |
Website | www |
Children's World (Russian: «Де́тский мир») or Detsky Mir is a Russian children's retailer.[2] Founded in June 1957, as of March 2022, the company had 1125 stores.[2] It is the largest children's goods retailer in Russia and the CIS, with the retail chain in Russia, as well as in Belarus and Kazakhstan. [3] In February 2017, PAO Detsky Mir listed its shares in an initial public offering.[2] Maria Davydova is the CEO.[2]
History
1957-2008: Formation and first store
Detsky Mir first opened on June 6, 1957 in the center of Moscow at Lubyanka Square.[2] The original store was built between 1953 and 1957,[citation needed] with design by architect Alexey Dushkin.[4] After the original store opened, Bloomberg writes that "Detsky Mir became a household name, prompting the Soviet government to open a network of large stores by the same name."[5] Detsky Mir became a chain of children's retailers in Russia in the 2000s.[2]
In 2005, the original Detsky Mir building received the status of cultural heritage at the regional level.[
2008-2016: Growth of stores
The Wall Street Journal writes that "the main owner of Detsky Mir, conglomerate
By 2015, the Detsky Mir chain had around 320 locations and was owned by
2017: IPO and international expansion
After Detsky Mir closed the book on an IPO on February 7,
As of March 2017, the company had a growing e-commerce business.[13] It also had plans to open 250 new stores by 2010, with 70 to open in 2017 and several openings scheduled for Kazakhstan to add to the 12 stores there.[13] That month, Detsky Mir Group (Detsky Mir, Early Learning Center, and online stores) announced it was considering entering into the Indian market.[19]
Products
The company sells toys, games, large items, products for newborns, apparel and footwear, and stationery.
See also
References
- ^ a b c d e "Financial Statements – FY2021" (PDF). Detskiy Mir. 15 March 2022. p. 63. Retrieved 15 March 2022.
- ^ a b c d e f g h i j k l m Marson, James; Razumovskaya, Olga (February 8, 2017), Investors Warm to Russia, With Toy-Store Owner Set to Be First Big IPO Since 2014, New York City: The Wall Street Journal, retrieved February 8, 2017
- ^ Detksy Mir, Sistema, archived from the original on January 31, 2020, retrieved February 12, 2017
- ^ a b c d d'Amora, Delphine (March 31, 2015), Soviet Union's Top Toy Store Back in Business, The Moscow Times
- ^ a b c d Khrennikov, Ilya (March 31, 2015), Hamleys Moscow Store Transcends Toy Retailer's London Flagship, Bloomberg
- ^ Soviet-era mega toy store re-opens in Moscow after 7-year renovation, The Malay Mail Online, April 5, 2015
- The Financial Times, March 26, 2015
- ^ Legendary Soviet children's store reopens after refit, Taipei Times AFP, April 4, 2015
- ^ a b c Khrennikov, Ilya; Matlack, Carol (February 8, 2017), Detsky Mir Aims to Prove Toys R Russia With $355 Million IPO, New York City: Bloomberg, retrieved February 12, 2017
- ^ "Russian toy retailer Detsky Mir sees 2017 revenue rising 30 percent - Interfax". Reuters. June 24, 2017. Retrieved September 5, 2017.
- ^ a b Company Overview of Public Joint Stock Company Detsky Mir, Bloomberg, retrieved September 5, 2017
- ^ Russia's Detsky Mir narrows IPO price range to 85-87 roubles -source, Reuters, February 7, 2017, retrieved February 18, 2017
- ^ a b c d e f Joanne Hart (March 4, 2017). "Moscow IPO is child's play for Detsky Mir". The Banker. Retrieved September 5, 2017.
- ^ Kiselyova, Maria (February 10, 2017), Russian toy retailer Detsky Mir rises in market debut, New York City: Bloomberg, retrieved February 12, 2017
- ^ Kenneth Rapoza (August 25, 2017). "Where Market Liquidity Is Really Coming From". Forbes. Retrieved September 5, 2017.
- ^ Seddon, Max (February 8, 2017), Russian retailer Detsky Mir raises $355m in 'litmus test' IPO, Financial Times, retrieved February 12, 2017
- ^ Investors Are Tiptoeing Back Into Russia with This Unusual IPO, Reuters, February 8, 2017, retrieved February 12, 2017
- ^ Kenneth Rapoza (August 7, 2017). "Russia's 'Darth Vader' Takes On Another Billionaire In Massive Lawsuit". Forbes. Retrieved September 5, 2017.
- ^ "Detsky Mir sees potential in India's growing middle class". Russia Beyond. March 1, 2017. Retrieved September 5, 2017.
- ^ Mercedes Milligan (August 17, 2017). "WB, LEGO Group Build 'Ninjago Movie' Global Program". Animation Magazine. Retrieved September 5, 2017.