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Versace (Versace) Brand Speeds Up Its Entry Into Japan

2011/4/26 10:40:00 90

Versace Ferrari Luxury Brand

In Japan, when the earthquake and tsunami caused the international

luxury brand

When business shrinks,

Versace brand

(Versace) increased the pace of entering Japan.


It is reported that due to a delay in natural disasters, Versace will continue its plans to open stores in Japan and place it as the source of its Asian income.

The company's revenue from China has accounted for 30% of total revenue.


Versace has shown a wavering attitude towards the Japanese market. Its stores in Japan were shut down due to poor operation in 2009, but at the same time, the brand opened shop in Singapore, China and Southeast Asia.

Versace revealed that they have confidence in the Japanese market and will open 4 stores in 4 stores in September this year.

The total number of Versace stores in the world will expand from 77 to 80 to 85.


After the death of Versace brand founder Jenny Versace in 1997, Versace was threatened with bankruptcy in 2004.

However, in the current CEO Gian Giacomo

Ferrari

Under the professional management, the company has been developing steadily.


At the same time, Versace strongly denied that the company might sell, and said it would not participate in the wave of mergers and acquisitions that swept the luxury industry.

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