Stone Island To Open Flagship Retailer In Munich
Simply after the inauguration of its new flagship store in Forte dei Marmi (see image), opened 6th July 2013, Stone Island has introduced the opening of a brand new flagship retailer in Munich set to happen in September 2013.
The 100sqm shop, with two windows and a glass door is located at number 27 of the prestigious shopping road Maximilianstrasse. It is going to host the Stone Island and Stone Island Junior collections, and the Stone Island Shadow Project. It’s the second flagship store opened in Germany after the one launched in March 2012 in Sylt, the island and vacation vacation spot facing the North Sea.
“I have been looking for a long time for the proper location stone island temperature jacket in Munich. It is a metropolis with which I have a powerful and lengthy-time link and I am very happy to have discovered this nice house in Maximillianstrasse. After Sylt, we’re strengthening our investment in Germany, an extremely essential market for us, which is giving us very positive suggestions,” commented Carlo Rivetti, President, proprietor and inventive director, Sportswear Firm.
The company is carefully focused on expansion in Germany, particularly after the opening of its German branch in 2010, established in Munich and managing each Germany and Austria. At present Stone Island is working with Germany and Austria with a hundred and fifty multibrand shops whose sales signify the 11% of the 2013 ordered value, with a development of 20% versus 2012. The outcomes of the corporate are consistent with its world progress, closing 2012 with a turnover of 60,790,000€ (+17% compared to 2011) and foreseeing a development of 12% for 2013. Export counts for sixty one%, while the company’s domestic market (Italy) accounts for 39%, additionally registering a +6.2% progress when compared with 2012.