PARIS — Sales at Italian fashion house Etro grew 10 percent in 2007 to 295 million euros, or $404.4 million at average exchange, following a raft of store openings, mainly in emerging markets.
Etro SpA said Tuesday it opened 37 stores worldwide last year, from Lithuania to India, and added that it would continue that trend, with a program of openings in 2008 in the Middle East, the Far East and Eastern Europe, in a bid to grow sales by 10 to 15 percent this year.
Etro also said it would seek to improve its positioning in Europe, its largest market, by opening a unit in Barcelona and renovating its boutique in Milan, as well as expanding its Madison Avenue store and opening a second New York unit in SoHo. Etro's retail network totaled 169 units at the end of last year. Regarding 2007 revenues, Etro highlighted increases of 89 percent in China, 67 percent in Turkey, more than 50 percent in Singapore and Taiwan and almost 40 percent in Russia.
Etro’s show, titled “The Tree of Life,” was a celebration of the house’s 50th anniversary. “My father founded the company in 1968, which was the year of counterculture and psychedelia. It’s really a show that celebrates that and the paisley design of India and its origin,” said Veronica Etro. #wwdfashion #mfw #ss18 (📷: @delphineachard)
For @msgm’s spring 2018 show, creative director @massimogiorgetti said “Words, sounds, colors. Synthesis and therapy of a collection,” were the inspirations behind the collection, showing today. Read the rest of Milan spring 2018 inspirations on WWD.com. #mfw #wwdfashion #ss18
For her first solo album in over 10 years, Fergie tapped Carine Roitfeld, Mert and Marcus, Giovanni Bianco and more to create a fashion-focused video approach for the record, Double Dutchess. "Giovanni really helped me get back in touch with my tomboy side, my hardside," said the singer. #wwdeye #wwdfashion ( : @slovekinpics)
“Volumes and Graphic Art of the Nineties are the main inspirations of the new Aquilano.Rimondi SS 2018 collection,” said cocreative directors Tommaso Aquilano and Roberto Rimondi. #wwdfashion #mfw #ss18