Italian womenswear company Luisa Spagnoli is planning to enter Eastern Europe with the launch of new stores following encouraging first signs from a franchising agreement in Russia, Modaonline reported.
Luisa Spagnoli, which runs 144 stores in Italy, is also interested in opening a store in New York.
The company had sales of €106 million in 2004 and expects growth of 10 percent for the current year.
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