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Italian Coin Wants To Open More Stores In Emerging Market Countries.
Italy holding 79% stake by Private Equity Firm BCPartners
Department store
The company Coin plans to open more stores in China, India, Russia and France.
Stefano Belardo, chief executive of the department store, said: "we have opened 13 stores outside Italy.
We are considering all options, and we do not exclude the acquisition of chain stores. "
Coin
Department stores have also been considering franchising and joint ventures, and will start new businesses in September this year.
extravagant
The first department store "Excelsior" will be in Milan.
Belal do said the group will announce strong earnings before tax this year.
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