Stone Island To Open Flagship Store In Munich
Simply after the stone island bionic wool jacket inauguration of its new flagship retailer in Forte dei Marmi (see image), opened 6th July 2013, Stone Island has introduced the opening of a brand new flagship store in Munich set to take place in September 2013.
The 100sqm shop, with two windows and a glass door is situated at number 27 of the prestigious procuring road 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 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 trying for a long time for the proper location in Munich. It’s a city with which I’ve a strong and lengthy-time hyperlink and I am very pleased to have discovered this nice space in Maximillianstrasse. After Sylt, we’re strengthening our funding in Germany, an extremely essential market for us, which is giving us very constructive feedback,” commented Carlo Rivetti, President, owner and creative director, Sportswear Company.
The corporate is rigorously targeted on enlargement in Germany, particularly after the opening of its German department in 2010, established in Munich and managing both Germany and Austria. At current Stone Island is working with Germany and Austria with a hundred and fifty multibrand shops whose gross sales signify the eleven% of the 2013 ordered worth, with a progress 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 61%, whereas the company’s home market (Italy) accounts for 39%, additionally registering a +6.2% growth when compared with 2012.