Moving Fast: Ferrari accelerates retail merchandise expansion with 40 new stores

Ferrari's global branding efforts are accelerating as fast as its race and road cars, to the point where a third division was established just to manage it all. Heck, they've even got a Ferrari edition Segway scooter now. Next on the agenda: an aggressive expansion of Ferrari Store retail outlets, the locations that peddle all manner of scarlet wares with the Prancing Horse badge.

Ferrari's new global branding division, under the direction of former Red Bull lieutenant Dany Bahar, is planning to open no less than 40 new stores around the world over the next five years. The latest location just opened at Barcelona's El Prat International airport in Spain, soon to be joined by locations in Abu Dhabi and Moscow in the next few months, followed by Singapore, Macao and Honolulu next year. (Maybe Cleveland will get one soon! - JN)

Is this all getting to be too much? Many would say so, among them a good portion of the Autoblog writing staff. But as a counterpoint, if the added income ends up financing ever-faster road cars and further dominance on the race track, maybe there's something to it.

[Source: Inside Line, photo by Noah Joseph]