Stella International Takes on LVMH to Expand in Paris

Stella International Holdings Ltd., the Asian shoemaker that manufactures for companies such as Prada SpA, plans to expand its own brands in Paris, turning into a lower priced competitor to luxury clients there.

The contract manufacturer plans to add two shops in Paris by end of this year and expand into other locations in Europe, Stephen Chi, chief executive officer of the company’s women’s footwear and retail business division, said in a July 10 phone interview. The company, which was founded in Taiwan and trades on the Hong Kong stock exchange, already has one Paris store.