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    Hongkong Businessmen Purchase Italy Brand Ferragamo8% Shares

    2011/3/11 10:57:00 82

    Hongkong Businessmen Purchase Italy Brand Ferragamo8% Shares

    The company in Florence said, "

    Ferragamo

    FerragamoFinanziariaSpA, a family holding company, has sold 8% of SalvatoreFerragamo group to the Wu Guangzheng family.


    The group also said it would increase the "Ferragamo group's stake in Greater China (Hongkong, China, Taiwan and Macao)" from the current 50% (Macao's 60%) to 75% in 2013.


    The statement said, "these remarkable growth have contributed to the lasting relationship between Ferragamo group and the Greater China region (and Wu Guangzheng family)", which is a partner of the group in China for more than 20 years.


    In 1986, the group opened its first branch in Hongkong and opened its first branch in mainland China in 1994.

    Ferragamo sales network now has more than 90 branches in Greater China, half of which are directly operated.


    President of SalvatoreFerragamo group

    FerruccioFerragamo

    Expressed the hope that these agreements will help to strengthen the Ferragamo group's most important in twentieth Century.

    luxury goods market

    Influence ".


    He also said that the paction "will also enable us to strengthen our strategic partnership with a firm and steadfast and experienced business partner."


    According to the report issued by CLSA in early February, China will become the world's largest luxury market by 2020.


    Italy Prada fashion company also announced its decision to list in Hongkong at the end of January.

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