New York City Luxury denim brand G-Star announced its global plans to triple the number of monobrand flagship stores worldwide over the next five years. More aggressive measures will be employed in the U.S. market with an expected growth rate of more than 400%.
In the next five years, G-Star will concentrate on expanding its retail network from 200 stores to 750 worldwide. In the United States, the brand is looking to grow the number of G-Star stores from 12 to 50 by 2015 with a concentration on major metropolitan areas.
"Despite the economic downturn, denim sales are still going strong," said Camiel Slaats, global commercial director of G-Star.