By  on December 3, 2007

MILAN — Versace's first store dedicated to jewelry and watches will open in Rome this week and marks the first step in the company's medium- to long-term strategy to open such stores around the world.

"Versace continues to express itself, constantly raising the bar of true luxury," said Giancarlo Di Risio, chief executive officer of the company. Di Risio said it was too early to discuss locations or provide a specific number of new points of sale, but said jewelry and watches are a project the company "very much believes in."

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