ITALY: Apparel Firm Inghirami In Retail Expansion Drive
Italian apparel and textiles manufacturer Inghirami Group is to invest up to 100 million euros in 210 new stores across Europe and Asia. The Milan-based group, whose companies include Duca Visconti di Modrone, Reggiani and Sanremo, plans to open 70 per cent of that total in Italy and the remaining 30 per cent in countries such as China.