May 8 2024  |  Fashion, Bags & Accessories

Coccinelle set to showcase Spring/Summer 2025 collection at TFWA Asia Pacific

By Laura Shirk

The newly opened Coccinelle store at Rome Fiumicino Airport

Coccinelle will be attending TFWA Asia Pacific Exhibition and Conference for the first time this year. 

The company closed 2023 reporting a 12% jump in full-year sales compared to 2022, with 5% for the retail channel (full price and outlet) and 19% for wholesale channel with a significantly positive Ebitda.

Giada Cappelletti, Head of International Markets & Global Travel Retail, says, “The travel retail channel has reported positive results facing a double-digit growth driven by traffic recovery and a stable increase in terms of turnover for comparable stores."

Coccinelle opened 10 new boutiques globally and refurbished 13 stores worldwide in 2023. A new store concept has been launched with the opening at Rome Fiumicino International Airport Leonardo da Vinci – Schengen Area.

The internalization plan to expand in new cities and countries around the world will see many openings in 2024 such as China, Dubai, Abu Dhabi, Japan, and many refurbishments in key cities such as, among the others, Bangkok, Athens, Florence, and Taormina.

Giada Cappelletti says, “Focusing on travel retail, 2024 will see new openings in Austria, Serbia, Bosnia, Romania, Kazakhstan and Kosovo. With our participation at Singapore TFWA Asia Pacific Exhibition & Conference, we are willing to strengthen our historical connections and welcome new partnerships to increase our presence all over Asia Pacific territory”.

A special focus on the next Spring/Summer 2025 collection will be displayed during the exhibition.

The collection features the core product category, leather bags, with 70% of the total share, small leather goods and mini bags representing 22% of the total turnover, and from this year the new shoes category covers the 5% of the total production.

Coccinelle will meet its partners, in the Hospitality Suite 1-P28, located on Level 1, a comfortable and private environment to network, discuss business strategies and build relationships oriented to the international brand development.

REGION Asia International
Copyright 2024 DutyFree Magazine. All rights reserved. Privacy Policy Sitemap