Ferrari to open first retail store in London

Newswire

MILAN, April 24 (Reuters) - Italy's Ferrari, the luxury sports car maker of Formula One fame owned by Fiat , plans to open a store in London this autumn, the latest to join a lucrative retail network that stretches the globe. Ferrari, which also reported higher results for the quarter, said in a statement on Thursday it had signed a franchising agreement with Italian retail group Percassi to open a two-level store on Regent Street. Selling everything from caps to sunglasses to model cars ...

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