Italian OVS industry company sets up its first flagship store in Shanghai

According to the Italian fashion research organization PAMBIANCO, OVS industry, a subsidiary of the Italian COIN Group, recently set up its first flagship store in the Far East in Shanghai, mainly selling men’s and women’s clothing series, with a store area of ​​500 square meters. COIN Group is Italy’s largest clothing and apparel retail chain group, accounting for 4.5% of the industry market share. In 2008, it achieved sales revenue of 1.145 billion euros and net profit of 38.2 million euros. Its subsidiaries include OVS industry company (which produces and sells its own brand OVIESSE) and COIN department store chain.