New York City — Luxury Italian brand Bruno Magli has formed two new partnerships in Asia with Sitoy Retailing Ltd. in China and Bruno Magli Partners Co., Ltd. in Japan. Included in the retail strategy are at least 15 new branded stores in China.
In addition to wholesale distribution, Sitoy Retailing Ltd. will open the first Bruno Magli shop-in-shop in the SOGO department store at Causeway Bay in Hong Kong in August 2016, to be followed by at least 15 mono-branded stores throughout China. In September, Bruno Magli Partners Co., Ltd. will launch e-commerce in Japan. Additional stores are slated for 2017 and beyond.
“This is an incredible time for Bruno Magli,” says Cory M. Baker, chief operating officer of Marquee Brands, parent company to Bruno Magli. “As we celebrate the brand’s 80th anniversary, our expansion into China and Japan with these strategic partners will help solidify our global growth with an already loyal customer base.”
Founded in the 1970s, Sitoy Group has been actively developing the Greater China retail market since 2011 for Tuscan’s, a leather goods brand from Italy, with retail outlets in Beijing, Shanghai, Guangzhou and Chengdu. For more information, visit www.sitoy.com.
Since its inception in 1936, Bruno Magli has created refined, handcrafted footwear for those who appreciate elegant design and impeccable craftsmanship. For more information, visit www.brunomagli.com.
Marquee Brands is a brand acquisition, licensing and development company that targets high-quality brands with strong consumer awareness and long term growth potential. For more information, visit www.marqueebrands.com.
SOURCE: Marquee Brands