Devialet starts a global expansion

In February 2017, the high-end retailer of wireless loudspeakers opened a 50 sq.m store in Hong Kong in the Ifc Mall, spending €500,000.

This store should reach about €3 million in sales a year, notably via its well-known Phantom speaker, sold from €1,690. Following the €100 million fundraising of last year, Devialet (turnover of €60 million in 2016) aims to open 50 stores in 2017, notably flagships in London, Munich, New York, San Francisco, Los Angeles, Taipei, Seoul and...