COVA & FLAVIO BRIATORE OPEN “COVA MONTE CARLO”

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On the occasion of its 200th anniversary, the long-­‐standing brand COVA based in Milan opens its very first café in Europe

Milan, 5th December 2016 -­‐ COVA, a brand of the LVMH group, announces its partnership with business entrepreneur Flavio Briatore leading to the opening of COVA Monte Carlo.

After Hong-­‐Kong, Tokyo and Shanghai and recent openings in Beijing and Taipei, COVA strengthens its international presence with the first COVA Café in Europe, in the heart of the Principality of Monaco, at no. 19 Boulevard des Moulins. The opening is scheduled for spring 2017.

Designed by Venetian architect and designer Paolo Lucchetta’s firm, RetailDesign, with a careful selection of colours, materials and lights, the new COVA Monte Carlo will echo in a contemporary key the inimitable style and ambiance for which COVA has been famous since 1817. The project will also see the exterior areas of the café restyled in line with the typical Monegasque attitude to consider urban space as an essential part of client’s experience.

At COVA Monte Carlo, the Principality’s local and international clientele will find refined and exclusive products ranging from fresh made on premises pastries to the most traditional recipes and specialities from Milan, including the famous Panettone, a sweet bread symbol of Milan and an iconic product of COVA since 1817.

Commenting on this new and significant opening in Monte Carlo, Paola Faccioli, COVA CEO, said: “In 2017 our brand will celebrate its 200th anniversary, so we are extremely proud to open the first COVA Café in Europe in collaboration with Flavio Briatore, an entrepreneur with whom we share common values and the desire to offer products of the highest quality, symbol of our traditional savoir-­‐faire”. She added: “We have always been aware of the potential of Made in Italy products and of the interest there is in them throughout the world, where we are present with more than 20 shops. We hope that COVA Monte Carlo will continue to be an example and a symbol of Italian excellence in the world. ”

 Flavio Briatore: “I am delighted by this new partnership and very proud to take COVA, a prestigious Italian brand of international fame, to Monte Carlo. Both the Monegasque community and the international one that gravitates around the Principality are accustomed to the highest standards of quality and service and particularly value established traditional Italian brands. So I am confident that the incontrovertible excellence of COVA combined with the solid experience of the Billionairelife group on the Monegasque territory will ensure that COVA Monte Carlo will be a great success and will soon become a point of reference not only for the Principality, but also for the entire Côte d’Azur”.