&Nbsp Is Not Afraid Of The European Debt Crisis; Italy Luxury Goods Manufacturers Are Optimistic About The Asian Market.
Zegna CEO Gildo Zegna predicts that the company's revenue growth in 2012 will be at the top end of the 1% to 9% range, mainly due to the market from outside Europe.
Customer
Demand growth; in the middle of 2011, the company's sales and profits reached an all-time high.
Umberto Angeloni, chief executive of Caruso, also expects sales of the company to rise by 20% this year from its existing orders.
In an interview in January 14th, Zegna said: "Asia will be a" thruster "and then will be the United States.
He also pointed out that before EU leaders found solutions to stop the euro zone sovereign debt crisis, "we had to prepare for a bumpy advance."
CA Cheuvreux analyst Thomas Thomas predicts that the growth rate of the luxury sector in 2012 will be 10%, equivalent to half of last year's growth rate.
He pointed out that, excluding Japan, sales growth in Asia will be 20%, while the growth rate in the US region will be 6%, Europe 5% and Japan 2.5%.
"The current sales growth rate is definitely not sustainable," he said in his earnings report last month.
Gianluca Brozzetti, chief executive of Roberto Cavalli SpA, another fashion Brand Company in Italy, said Gianluca Brozzetti, the euro zone economy.
confusion
The situation is the reason for the "great alarm".
Standard and poor's decided last week to lower the sovereign credit rating of 9 countries in the 17 member states of the euro zone, including Italy.
Zegna said that although the net wealth of European consumers is higher, the S & P move will damage the domestic demand of luxury goods in the European market.
Michele Norsa, chief executive of Salvatore Ferragamo S.p.A (SFER), a luxury goods group, said that during the pition period, the fall in the euro rate would increase the value of sales in the euro area countries. Kailai, Ferragamo
He said the company achieved "excellent" performance in mid 2011, including
Vacation
Sales are better than expected.
Norsa further indicated that he felt "confident" in the coming year.
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