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June 23, 2008
Furla Plans Retail Push As Sales Soar
Italian handbag maker Furla is on an aggressive growth path with plans to open 50 new stores around the world. At the same time, the company continues to develop a higher-end line, saying that price has not been a deterrent.
Furla has managed to shake off U.S. economic woes, posting a 60% earning increase last year on sales that rose 12%. Earnings before interest, taxes, depreciation and amortization came in at 24 million euros.
Now the brand is looking to increase its retail presence with new boutiques in the U.S., Russia and China, among other growth markets.
Posted by Blacks on June 23, 2008 09:53 AM
