La Perla Boosted with 120 Million Euros

Pacific Capital, current owner of La Perla is planning to invest an additional 120 Million euros in plans to expand its retail presence around the world. 30 new stores for the Italian luxury lingerie brand are expected to open throughout Asia and Europe including a store in London in the upcoming year 2014. The brand which has been bought for 69 Million euros has already been previously injected with 40 Million euros. Those efforts come in the hope of boosting the company's turnover for 2014.