Montagut be independent on distributors and franchisers invest RMB 7million to open the first franchised flagship-Wangfujing Store in China inland market. The store is opened yesterday.
The president of Montagut global headquarter who arrive at China for special trip introduce that this first franchised flagship will distribute all products of Montagut including man s wear, cashmere, woman s knitting wear, shoes etc. Furthermore, the similar stores also will be opened in Guangzhou, Shanghai, Hong Kong in succession.
It is known that over half of Montagut sale is in China which have been global biggest market for Montagut. The chairman also show that company is planning to adopt young brand orientation and offer the franchise right to franchiser when brand develop stably..
