Valentino Group expects 25% turnover growth full year 2013 to $500m

Present at the 2013 edition of Milano Fashion Global Summit, Stefano Sassi, CEO Valentino has confirmed his company expects to end full year 2013 with an increase of 25% in its turnover to 500 million euros, compared to 2012. After the recent mega flagship store in Shanghai which followed the re-opening of the renovated Parisian flagship on Avenue Montaigne, Valentino is preparing two major store openings next year – a 2.000 sqm store in Rome within the building which houses the headquarters of the company and a second mega-store in New York on Fifth Avenue.

Valentino flagship store Shanghai