Furla
is further expanding its travel retail presence in China, opening a
new location with LS Travel Retail at Shenzhen Domestic Airport with
a 75sqm store opening on the 28th
of November.
Says
Gerry Munday, Global Travel Retail Director: “We are expanding
Furla's presence in travel retail through selective boutiques and
shop-in shops. Asia is a particularly important market for us – we
recently opened a new location at Changi T2 with LS Travel Retail -
and within the region China is most definitely a shining light. This
new outlet at Shenzhen is a great location for Furla to increase its
exposure in the correct way for the brand. We are placed alongside
some really top quality fashion brands; LS Travel Retail has once
again put together a stunning fashion offer for travellers.’
Notes
to editors
Last
year Furla
reported a turnover of €212
million,
representing an 18% increase
from
2011. Earnings before
interest, taxes, depreciation and amortization reached 15%, equal to
€32 million. Furthermore, in the same period, Furla's travel retail
business has increased by 93%.
Today
Furla is present in 91 countries with five subsidiaries in France,
Hong Kong, Japan, Korea and the United States. 80% of distribution
is retail, with 328 mono-brand stores (153
Furla boutiques and
175 authorised retailers), and 20% via wholesale through 1290 select
multi-brand and department stores.
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