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Soaring Far East sales fuel growth at Furla

Jungle

Italian accessories brand Furla has announced soaring sales fuelled by strong growth in the Asia Pacific region.

Global turnover rose 23.5% to reach €238m (£218.7m) in the first six months of the year.

Sales in the Asia Pacific region grew strongly, up 63%, with China performing particularly well – like-for-likes were up in the double digits.

Sales in Japan and EMEA grew 16%, while the US saw growth of 3%. Italy remains a strong market for the brand, accounting for 45% of total turnover. Travel retail was up 47%.

Furla’s chief executive officer Alberto Camerlengo noted that the results came amid challenging market conditions in all markets.

“This growth, in extremely complex scenarios, is important in all markets as is the improvement in the quality of our distribution network and of our relationship with our strategic partners,” he said.

“Furla’s continuous product innovations, in line with our Brand values, support us in the achievement of more and more challenging objectives, and the speed in implementing responses to the ever-changing needs of the retail world are our most distinctive features.”

Furla also announced plans to open new stores in Hong Kong, Beijing, Tokyo and Prague before the end of the year, as its global expansion continues apace

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