Italian design wants to expand internationally, particularly in the United States. Design Holding, Italy's largest high-end design and furniture group (controlled by international private equity funds Investindustrial and Carlyle) that includes Flos, B&B Italia, Louis Poulsen, Maxalto, Arclinea, Azucena, Fendi Casa, Audo Copenaghen and Lumens, has announced the opening of a new store on Madison Avenue in New York. "The largest store we have in the world (over 2,000 square meters spread over two floors), what best represents Design Holding as well as its vision," says Daniel Lalonde, CEO of the group, which had a revenue of 577.8 million euros in the first 9 months of 2023. "The opening of our flagship store at 135 Madison Avenue represents a unique destination that brings together the best of Italian design," said Lalonde. Design Holding's strategy plan includes geographical expansion not only in America, but also in China, where it intends to enhance distribution, and the Middle East.
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