Sunday, March 26, 2006

News: Salvatore Ferragamo to open 10 stores in India

(PTI 26/03/2006) Mumbai - Italian luxury brand Salvatore Ferragamo plans to open ten stores in five years in India after opening its first store in New Delhi recently.

Speaking on the sidelines of launch of their store in New Delhi, Salvatore Ferragamo, vice president Fulvia Visconti Ferragamo, said, "We plan to open our second store at Delhi in a year and a total of ten stores would be opened in the next five years." Fulvia, however, refused to give details of the exact investments company plans to makes in India.

The new stores would come up at major metros, including Bangalore and more stores in Delhi and Mumbai, she said. Salvatore Ferragamo has opened the store in association with SSIPL Luxury Fashion Private Limited, their franchisee in India.

The collection at the stores includes shoes, silk and leather accessories, eyewear and ready-to-wear lines that are exclusively by Salvatore Ferragamo.

The Salvatore Ferragamo Group closed the financial year 2005 with sales worth 575 million euro.

0 Comments:

Post a Comment

<< Home