Marco Baldassari and Paolo Zuntini: “Competitiveness abroad is based on that combination of knowing and knowing what to do, which is the expression of the true ‘made- in-Italy’”.
The expansion of the Eleventy Group is continuing abroad, as it announces its landing in London and the opening of its first boutique in New York in June, taking the number of monobrands inaugurated around the world up to 15.
As of today, the Eleventy men’s collection can be found in the historical London department store, Selfridges, inside an area reserved especially for Italian luxury brands.
“We are proud to be opening in a country that has always paid great attention to the quality and tradition that a product manages to express. The aim of our collections is also to transmit the emotion of wearing garments that combine craftsmanship, creativity and high technology under the ‘Made-in-Italy’ banner”, declared Marco Baldassari and Paolo Zuntini, founders of the Group.
The retail expansion development project also includes the opening of the New York boutique in Soho, the district on Manhattan dedicated to luxury shopping, where the men’s and women’s collections will be on sale.
These new milestones confirm the growth of the Group that closed 2017 with a turnover of 22 million euro, an 18.9% increase, and a 29.8-million euro turnover is forecast for 2018.
The Group now distributes in over 32 countries including Russia, Turkey, Europe, the US and the Far East, with an export share of 76%.