LARUSMIANI expand to Russia and Saudi Arabia

Italian luxury house Larusmiani known for its flagship boutique in Milan’s Via Montenapoleone (opened 1954) has announced the first stage of its international expansion, with two boutiques in Russia (St Petersburg, Moscow) and Ryiad (Saudi Arabia), all three operated in franchising. Larusmiani’s main business remains manufacturing of high end fabrics, the company being founded in 1922.  its turnover in 2010 being 17 million euros. The Larusmiani flagship is a concept store, with apparel, accessories as well as vintage jewellery and watches.