GUESS to open flagship store in Moscow

10 May 2016 (Last Updated May 10th, 2016 18:30)

Clothing retailer GUESS is set to open its flagship store at Europeisky Mall in Moscow, Russia.

Clothing retailer GUESS is set to open its flagship store at Europeisky Mall in Moscow, Russia.

Close to the city centre and served by the subway, the 180,000m², Europeisky Mall is one of Moscow's most popular destinations with its more than 500 stores.

The new opening of the 512m² outlet is the result of new joint venture established in February with a local Russian partner.

GUESS will also shortly be opening a directly managed showroom in the capital of the Russian Federation to reinforce its sales network and provide support to its licensing and wholesale partners.

"In the next three years, the company intends to complete its commercial development with a further 40 stores."

The showroom will be located centrally at 2 Malii Cherkasskii pereulok, a short walk from Moscow's main tourist attractions.

The retailer plans to open a total of ten single-brand stores this year, and already has 30 outlets in Russia. In the next three years, the company intends to complete its commercial development with a further 40 stores.

Set up in 1981, GUESS began as a jeans company and has since grown into a global lifestyle brand.

GUESS?, Inc. designs, markets, distributes and licenses a lifestyle collection of contemporary apparel, denim, handbags, watches, footwear and other related consumer products.

GUESS? products are distributed through branded GUESS? stores, as well as department and speciality stores worldwide.

As of 30 January, the company directly operated 835 retail stores in the Americas, Europe and Asia.

The company's licensees and distributors operated 804 additional retail stores worldwide.