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Italian Coin Wants To Open More Stores In Emerging Market Countries.
Coin, a Italy department store holding 79% stake in Private Equity Firm BCPartners, is planned in China, India, Russia and
France
And other countries open more stores.
Stefano Belardo, chief executive of the department store, said: "we have opened 13 stores outside Italy.
We are considering all options, and we do not exclude the acquisition of chain stores. "
Coin has also been considering licensing.
Management
And the way of joint venture, and the new luxury department store "Excelsior" will be opened in September this year. The first one will be in Milan.
Belal do said the group will announce strong earnings before tax this year.
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