ItalianCreationGroup, a Milan-based company which owns various Italian luxury brands, is rapidly expanding its operations across Asia, with 12 store openings along the Silk Road over the next year alone.
ItalianCreationGroup's CEO says the aim of the company's new retail strategy is to expand its global presence, especially in the fast-growing Asian market.
“We are opening stores from Iran to China, following the paths of the ancient Silk Road trading routes that connected the West with the East, bringing the finest in Italian craftsmanship from the West to the discerning luxury markets in the East.”
Over end of last year ItalianCreationGroup opened new stores in Mumbai, India, Hong Kong and Tokyo.
In 2018 stores will open in Shanghai, Foshan and Shenzen in China, Ho Chi Minh City, Vietnam; Manila, The Philippines; Jakarta, Indonesia; Ahmedabad, India and Teheran, Iran.