Then, in December 2015, the chain opened a brand new Melbourne CBD store, having exited Bourke Street Mall in 2011 when it was “outbid” by Swarosvki for the ‘flagship’ location the place it had been mall positioned for more than a decade. While that determine indicates a lack of solely 5 stores, the story is more complex – one that is both negative and constructive. However, when the takeover was accomplished, industry sources instructed the ultimate sale was closer to $48 million – a figure that many believed was nonetheless excessive. On a brighter observe, Mazzucchelli’s had increased from 25… Read More
