Dsquared2 reports positive results for 2015
Dsquared2 reports 2015 revenue increase of 5% to 220 million euros. continues running and has achieved another year to remember. The company recently opened a new 400 sqm flagship store in Rome on Via Babuino. After Rome, the brand is planning a new store opening in Madrid, in July. Dsquared2 will also be opening a second store in Paris and a new store in Las Vegas, followed by Ho Chi Minh City, Vienna, Istanbul and Macau. In China, Dsquared will open in 2016 three stores in Qingdao, Chengdu and Beijing.
The retail channel grew by 55% last year. The shop-in-shops have performed strongly, the company being present at Galeries Lafayette, Harrod, Selfridges, La Rinascente and Saks Fifth Avenue. The wholesale channel remains vital with 400 windows in the world and growing by 3% (generates 70% of total sales).The company is investing in e-commerce which registered an increase of 44% in 2015.