Stone Island To Open Flagship Store In Munich
Simply after the inauguration of its new flagship store in Forte dei Marmi (see picture), opened sixth July 2013, Stone Island has introduced the opening of a brand new flagship retailer in Munich set to take place in September 2013.
The 100sqm shop, with two windows and a glass door is situated at quantity 27 of the prestigious procuring avenue Maximilianstrasse. It’s going to host the Stone Island and Stone Island Junior collections, and the Stone Island Shadow Challenge. It’s the second flagship store opened in Germany after the one launched in March 2012 in Sylt, the island and holiday vacation spot dealing with the North Sea.
“I have been wanting for a long time for the appropriate location in Munich. It’s a metropolis with which I have a powerful and long-time hyperlink and I am very happy to have found this nice space in Maximillianstrasse. After Sylt, we are strengthening our investment in Germany, an especially vital marketplace for us, which is giving us very positive suggestions,” commented Carlo Rivetti, President, owner and inventive director, Sportswear Company.
The corporate is carefully focused on growth in Germany, especially after the opening of its German department in 2010, established in stone island price comparison Munich and managing both Germany and Austria. At present Stone Island is working with Germany and Austria with a hundred and fifty multibrand stores whose sales symbolize the eleven% of the 2013 ordered value, with a development of 20% versus 2012. The outcomes of the corporate are consistent with its global growth, closing 2012 with a turnover of 60,790,000€ (+17% in comparison with 2011) and foreseeing a development of 12% for 2013. Export counts for sixty one%, while the company’s home market (Italy) accounts for 39%, additionally registering a +6.2% progress when in contrast with 2012.