Gucci is continuing to expand across Europe, despite harsh economic times.
The luxury goods firm opened its first store in Budapest in October and last month it unveiled its first directly operated store in Munich.
Mark Lee, president and chief executive officer told WWD: "Gucci's most valuable assets is the ability to balance its leadership and exclusivity between historical and new markets, while staying relevant to different customers all over the world."
Their SS09 fashion campaign also remains a strong focal point of the brand for next year, despite other luxury brands and designers cutting back.
This latest news comes as Louis Vuitton confirmed plans to scrap a flagship store in Tokyo, amidst news that shoppers spending less on luxury goods this year.
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