.MaisonValentino has been successfully reinforcing the brand’s online experience. 🔐
MILAN — Despite the impact of the social unrest and protests in Hong Kong last year, Valentino SpA reported a 2.4 percent increase in revenues in 2019. In the 12 months ended Dec. 31, sales rose to 1.22 billion euros, compared with 1.19 billion euros in 2018.
Earnings figures were not available yet as Valentino’s board meeting, slated to be be held in March, was postponed due to the coronavirus outbreak. Italy has been in lockdown since March 9. The meeting may now take place in May. In November, marking the opening of the flagship in Beijing and to further underscore the importance of the Chinese market, Valentino held a couture runway show and a party.The opening of the 4,503-square-foot boutique, located in the northern district of Taikoo Li, Sanlitun, was part of the global strategic development of Valentino’s retail network. The flagship carries all women’s and men’s wear product categories: ready-to-wear, accessories and fragrances.
Last year, Valentino also opened its first boutique in Canada at the Yorkdale Shopping Center, located at 3401 Dufferin Street in North York, Ontario, also designed by Piccioli and Chipperfield, an evolution of the blueprint first unveiled in Milan’s Via Montenapoleone in 2012. This marked another step in the Italian brand’s expansion globally. The store carries women’s and men’s rtw, accessories and fragrances.
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