Dolce & Gabbana launch high end luxury watches and pursue international expansion
In their quest for a higher luxury positioning, a process initiated 3 years ago, Italian house Dolce & Gabbana launches this week its first line of high end luxury Swiss made watches. The three new watch models are dedicated to men, each representing a different lifestyle – DG7 represented by brand ambassador David Gandy, a classic version with a strong Italian feel; DG7 Gems represented by Enrique Palacios, a sophisticated luxury watch adorned with diamonds and rubies; DS5 Chrono featured by Adam Senn (also the brand ambassador for Dolce Gabbana’s latest fragrance ”The One Sport”), a more sporty watch.
Dolce & Gabbana reports healthy financial results for the fiscal year ending March 2012, with a turnover of 1,12 billion euros. This year, Dolce Gabbana are planning 21 new mono-brand store openings of which, 3 in Europe, 4 in the U.S., 4 in the Middle East and 10 in Asia.