Then, in December 2015, the chain opened a new Melbourne CBD store, having exited Bourke Street Mall in 2011 when it was “outbid” by Swarosvki for the ‘flagship’ location the place it had been mall positioned for greater than a decade. While that figure signifies a loss of solely five stores, the story is extra advanced – one that is both negative and positive. However, when the takeover was completed, trade sources suggested the ultimate sale was nearer to $48 million – a figure that many believed was nonetheless excessive. On a brighter observe, Mazzucchelli’s had increased from 25 stores…
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