On April 5, No One (developing the FABI, Baldinini, Vicini, Braciallini brands) signed an agreement with Belgian investor Liebrecht & Wood Investment Fund.
Now the brands FABI, Baldinini, Vicini, and Braciallini will appear in the outlet center FASHION HOUSE Moscow, the investment project Liebrecht & Wood Investment Fund, which will open in 2012 year. The parties signed an agreement to lease a space of 485 sq. m, for a period of 10 years.
Patrick Van De Boche, CEO of the Liebrecht & Wood Investment Fund comments: “The Liebrecht & Wood Investment Fund is pleased to participate in the Russian projects of the FASHION HOUSE Group, and we hope that the signing of this important contract will be one of many mutually beneficial transactions concluded as a result of cooperation between Belgium and Russia. ”
Aram Manukyan, one of the founders of the retail chain representing FABI, VICINI, Baldinini, Braccialini brands in Russia, explains: “For our Italian partners, whose retail chains are developing very actively in Russia, the need for developing outlet stores has long arisen.”