Italy Recently Released Its 2012 Fashion Brand Profit Report.
< p > Italy consulting firm Pambianco Strategie di Impresa recently released the 2012 fashion brand profit report, which includes 26 Italy brands and 14 overseas fashion groups. In 2012, Italy fashion group's revenue grew by 12%, from 29 billion 600 million euros in 2011 to 33 billion 200 million euros.
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< p > among these Italy fashion groups, the eyewear manufacturer Luxottica Group SpA (MTA:LUX; NYSE:LUX) has the highest income of 7 billion euros, followed by 3 billion 600 million euros of Gucci Group and 3 billion 200 million euros of Prada (expanded location information) SpA (1913.HK) Prada.
Among them, more than 1 billion euros earn 10 brands, and more than 2 billion euros have 4 brands.
The three fastest growing brands were Bottega Veneta (38.5%), Prada (29%) and Moncler (21.5%) respectively.
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< p > according to the survey report, the average profit margin of 23 brands released by 26 brands in Italy is higher than that of high foreign brands. The average EBITDA amortization, depreciation and pre tax profit margin are 20.6%, slightly higher than that of 20.3% in 2011, of which Gucci is the highest, 34.6%, Bottega Veneta second, 34%, Prada 31.9% ranked third.
Of the 14 international fashion groups that released data, the average EBITDA amortization, depreciation and pre tax profit margins were 19.4%, and 19.1% in 2011.
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< p > Pambianco Strategie di Impresa and made annual forecasts for the group earnings in the first quarter. It is expected that the income of the whole luxury market will rise by 4.3% in the current fiscal year, but the profit will decline by 1%-2%.
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