LA RINASCENTE secures Prada and Armani

Italian luxury department store chain LA RINASCENTE has been aggressively pursuing the major international luxury brands providing exceptional conditions with the aim of reviving the company and avoid a take over by Central Retail Corp, a Thai base retailer. Recently, the store secured shop in shops of Armani, Prada and several LVMH brands. Maurizio Borletti, the largest private shareholder (4%) has been at the center of this campaign to attract top brands.