la Rinascente Snapshot
Craving Italian fashions? La Rinascente operates more than a dozen upscale la Rinascente department stores in cities across Italy. The company's flagship store near the Duomo in Milan -- Italy's fashion capital -- accounts for about 50% of sales. The retailer also operates the UPIM chain of some 340 company-owned and franchised stores throughout Italy and a single concept store in Rome called Jam. La Rinascente tempts shoppers with luxury brands such as Louis Vuitton, Fendi, Salvatore Ferragamo, and Gucci. Aldo and Senatore Borletti founded La Rinascente in 1917. Today the company is owned by its chairman, the Italian entrepreneur Maurizio Borletti (Aldo's grandson).
