New Hong Kong office for Lotto
09/10/2008
Lotto handles the Asian distribution of all its product categories (footwear, apparel and accessories) from Hong Kong, making the special administrative region a key location. In 2007, the Asia Pacific region accountde for approximately 16% of the brand's total turnover and achieved growth of 15% compared to the previous year. Lotto is aiming for 30% growth in the region over the next five years.
Andrea Tomat, the company's president and chief executive, said: “The new office in Hong Kong is evidence of the willingness of the company to sustain growth and expansion in local markets, which are considered strategic and with a strong potential growth.”
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