•The continued development of the Group's retail network, which included 191 boutiques at March 31, 2007 (50 DOS and 141 Franchisees), with the inauguration of: 4 DOS (1 Baldinini in Florence, 1 Francesco Biasia in Rome, 2 Sebastian – 1 in Milan and 1 in Paris),
14 Franchisees, of which 4 Braccialini (1 in USA, 2 in Russia and 1 in Turkey) 5 Baldinini (3 in Russia, 1 in Ukraine, 1 in Turkey) and 5 Francesco Biasia (1 in Italy, 3 in Lithuania and 1 in Japan);
•New product launches included: Francesco Biasia men's accessories collection, Braccialini beachwear collection and Braccialini perfume, Baldinini perfume and the re-launch of Andrea Pfister footwear collections.
•The further integration of recently acquired companies with particular attention to the development of production, logistics, and distribution synergies within the Group.
OUTLOOK 2008
As witnessed in the first quarter results, the accessible luxury goods market continues to offer many opportunities for Antichi Pellettieri. The Group is benefiting from its strong presence in emerging markets which continue to drive growth and its limited presence in the USA and Japan.
The encouraging sell-out statistics of the Spring/Summer 2008 collections, the positive DOS performance in the first quarter of the year, and the impact of the Finduck acquisition, lead management to expect continued dynamic growth in 2008.
marketing@alchempro.com
