Japan strongest market for Furla Asia
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Italian luxury leathergoods brand Furla has reported a 38 per cent increase in travel-retail sales for its first half, with Japan being its strongest market.
Furla has 223 travel-retail points of sales in 52 countries, the latest openings for Furla Asia including Singapore’s Changi Airport with Lagardere Travel Retail.
Following record results last year in terms of sales and profitability, the Furla Group overall has continued growth in its latest first half with sales of €194 million (US$217 million) up 28 per cent from the figures for the same half last year.
The group has 425 mono-brand stores, up from 415 at the end of last year. Counting multi-brands and department stores, the group is present in more than 1200 other locations worldwide, and has its products in more than 100 countries.
Furla Group’s latest mono-brand store openings include Citic Mall in Shanghai and Mira Mall in Hong Kong.
Japan remains its strongest market, representing 26 per cent of total sales in the half, with a 30 per cent increase. Furla Asia/Pacific sales rose 22 per cent, equal to almost 20 per cent of the total sales for the group.
Questions & Answers
Q.Which specific region is driving the most sales for Furla, and by how much did it grow?
Which specific region is driving the most sales for Furla, and by how much did it grow?
Japan is Furla's strongest market, accounting for 26 per cent of total sales in the first half. Sales in Japan increased by 30 per cent during this period, showing significant growth in that key region.
Q.What was the total revenue for the Furla Group in its latest half, and how does this compare to last year?
What was the total revenue for the Furla Group in its latest half, and how does this compare to last year?
The Furla Group reported total sales of €194 million (US$217 million) in its latest first half. This figure represents a 28 per cent increase compared to the sales achieved in the same half of the previous year.
Q.How many mono-brand stores does Furla currently operate globally, and has this number changed recently?
How many mono-brand stores does Furla currently operate globally, and has this number changed recently?
Furla currently operates 425 mono-brand stores worldwide. This number has increased from 415 stores, which was the total at the end of last year, indicating recent expansion in its direct retail presence.
Q.What percentage of the group's total sales does the Asia/Pacific region contribute, and what was its growth rate?
What percentage of the group's total sales does the Asia/Pacific region contribute, and what was its growth rate?
The Asia/Pacific region's sales rose by 22 per cent in the latest half. This region now accounts for almost 20 per cent of the Furla Group's total sales, showing its growing importance.
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