Monday, 9 December 2013

Furla continues China expansion with new store at Shenzhen Airport


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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