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Stone Island To Open Flagship Retailer In Munich

Simply after the inauguration of its new flagship store in Forte dei Marmi (see image), opened sixth July 2013, Stone Island has announced the opening of a brand new flagship retailer in Munich set to take place in September 2013.

The 100sqm shop, with two home windows and a glass door is situated at quantity 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 Mission. It is the second flagship store opened in Germany after the one launched in March 2012 in Sylt, the island and vacation vacation spot dealing with the North Sea.

“I have been looking for a very long time for the precise location in Munich. It is a metropolis with which I have a robust and lengthy-time hyperlink and I’m very pleased to have found this great house in Maximillianstrasse. After Sylt, we’re strengthening our investment in Germany, an extremely essential market for us, which is giving us very optimistic feedback,” commented Carlo Rivetti, President, proprietor and creative director, Sportswear Firm.

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The company is carefully centered on enlargement in Germany, particularly after the opening of its German department in 2010, established in Munich and managing both Germany Stone Island Outlet and Austria. At current Stone Island is working with Germany and Austria with 150 multibrand stores whose sales characterize the eleven% of the 2013 ordered worth, with a development of 20% versus 2012. The results of the corporate are in keeping with its world progress, closing 2012 with a turnover of 60,790,000€ (+17% compared to 2011) and foreseeing a progress of 12% for 2013. Export counts for 61%, whereas the company’s home market (Italy) accounts for 39%, also registering a +6.2% growth when in contrast with 2012.