Very ambitious plans
In 2012 sales of Valentino rose by 21% when
compared to the previous year, to 400 million euro. For the first quarter of
the current financial year a rise in sales of 23% was noted. The Italian
company clearly has the wind in its sails, as is shown by the ambitious plans
of the owners.
The Qatari owners of the Mayhoola investment company want to invest 250 million euro to double
the number of shops. Mayhoola has already approved the expansion plans and has
therefore given the starting signal for the opening of a number of shops over
the next four to five years.
All current Valentino shops will get a thorough
facelift based on the new interior concept. Twenty of the eighty stores have
already been renovated. The remaining sixty will get done this year. Valentino
will also offer more shoes and bags for the stylish man and woman.
