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Furla Sales Increase 30%, Invests in Expansion

Italian handbag, footwear and accessories brand Furla announced its earnings this week and reported a 30 percent bump in sales in the first half of 2015.

Sales increased approximately $137 million, a 30 percent increase versus the same period in 2014. Led by Japan, strong exports continued to fuel Furla’s growth, generating 80 percent of the company’s total sales.

As the company invests heavily in expansion, Furla recently opened a new flagship store on Fifth Avenue in New York City. Furla opened 39 new stores in the first half of the year (primarily in Europe and the Asia Pacifc region, followed by the US and Japan), bringing its total stores worldwide to 437.

“We are very proud of the company’s strong performance registered in the beginning of the year, a further testament of the strength of our brand worldwide,” said Eraldo Poletto, Furla CEO. “We also foresee a positive future growth, fueled by both the consolidated success of existing lines as well as by the new categories that we are implementing with the same determination and acumen.”

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