PUCCI open new flagship in Paris and pursue expansion in Asia
Italian luxury house of Emilio Pucci opened today its brand new flagship store in Paris on the prestigious Avenue Montaigne. The Paris store opening comes after the flagship in Rome in Piazza di Spagna. The company which is owned by giant LVMH expects a 20% growth in its turnover for the full year 2013, aiming for a retail network of 50 mono-brand stores by the end of next year.
Pucci’s opening in Paris will be followed this November by a new store in Shanghai and in 2014 by one in Beijing – both stores, directly operated by the company. The U.S., Japan and Europe are currently PUCCI’s best performing markets, globally.