Officine PANERAI open flagship boutique in Milan

Luxury watch brand Officine PANERAI, part of the RICHEMONT Group, opened this week its flagship boutique in Milan on Montenapoleone. The 70 sqm boutique is the fourth PANERAI mono-brand in Italy, the luxury watch brand being known for its historical ties with the Italian Marine Force. PANERAI curretly has 25 boutiques worldwide and the company plans to double the number of boutiques by the end of 2012.