The latest in fashion news reveals that luxury brand Valentino plans to expand by opening menswear stores around the world, thanks to a new financial backer that will help support growth of the company. Aside from planning to open stores first in Paris, and then London and Milan, the brand is looking to further develop its men's division by also introducing a dedicated fragrance. The hope is to get the men's sector to account for 10 to 15 percent of the label's total sales over the next three to five years. Currently, it accounts for between 7 and 8 percent of total Valentino sales.