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 stone island sale outlet has introduced the opening of a brand new flagship store in Munich set to take place in September 2013.
The 100sqm store, with two windows and a glass door is located at quantity 27 of the prestigious procuring road Maximilianstrasse. It’ll host the Stone Island and Stone Island Junior collections, and the Stone Island Shadow Project. It is the second flagship retailer opened in Germany after the one launched in March 2012 in Sylt, the island and holiday destination facing the North Sea.
“I have been wanting for a long time for the suitable location in Munich. It is a metropolis with which I have a robust and long-time hyperlink and I’m very happy to have found this great space in Maximillianstrasse. After Sylt, we’re strengthening our investment in Germany, an extremely important marketplace for us, which is giving us very positive feedback,” commented Carlo Rivetti, President, proprietor and creative director, Sportswear Firm.
The corporate is fastidiously focused on expansion in Germany, especially 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 150 multibrand shops whose sales represent the eleven% of the 2013 ordered value, with a growth of 20% versus 2012. The results of the corporate are in keeping with its world development, closing 2012 with a turnover of 60,790,000€ (+17% in comparison with 2011) and foreseeing a growth of 12% for 2013. Export counts for sixty one%, while the company’s home market (Italy) accounts for 39%, also registering a +6.2% growth when in contrast with 2012.