Qatar'S New Owners Continue To Increase Valentino Performance In Valentino

Valentino, a famous luxury brand in Italy, was sold to MayhoolaforInvestments, a subordinate investment agency of Qatar's royal family, in July 2012 by private equity.

CEO StefanoSassi recently interviewed a reporter to reveal the gratifying changes of Valentino.

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< p > 2013 performance Bulletin: < /p >

< p > sales amounted to 488 million euros, up 25% compared to the same period last year; < /p >

< p > the comparable sales revenue of the global retail sector increased by 35 to 40% at the current exchange rate; < /p >

Profit before P interest tax depreciation (EBIDA) reached 65 million euros, an increase of 91.2% over the same period last year, almost doubled; < /p >

< p > operating profit of 36 million euros, an increase of 140% over the same period; < /p >

< p > net profit has not been disclosed.

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Retail sales in the first two months of < p > 2014 remained up to 30% year-on-year.

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< p > CEO outlook 2014, luxury flagship stores will be completed in New York, Rome and Hongkong. The annual sales growth of the company will not be less than 25%.

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"P > is different from other a href=" http://www.91se91.com/news/index_c.asp "> luxury goods less than /a competitiveness rivals. Valentino said there was no sign of slowdown in the Chinese market. Of course, it may also be due to the fact that other competitive brands in China are already very high exposure, and Valentino is catching up.

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Sales in Europe (P) accounted for 40%, up 25% last year. In the Italy market where everyone had a headache, Valentino also performed well - of course 60% of the purchases came from foreign tourists.

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Sales in the US P increased by 21% compared to the same period last year, and sales in Asia Pacific, including China, increased by 70% over the same period last year.

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< p > Qatar's new owners continue to invest in Valentino: 100 million euros in 2013 and 1.2 to 140 million euros in 2014 - 90% of these funds are used to build Valentino's own retail business and intensify product development.

Valentino is not a blind smashing shop. It is rather picky about the location of new stores. It must have high visibility, heavy quality and no weight: New York store is located in the most luxurious Fifth Avenue, Rome shop overlooks the famous "Spanish Steps", and the new store in Hongkong Guangdong road will open in the second half of this year.

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In November last year, Valentino held a grand a href= "http://www.91se91.com/news/index_c.asp" fashion show < /a > in Shanghai, celebrating the opening of the 700 square meter flagship store in the Plaza, and launched the all red series to China.

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< p > > a href= "http://www.91se91.com/news/index_c.asp" > Valentino < /a > there are currently 160 stores in the world.

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Under the leadership of creative director MariaGraziaChiuri and PierpaoloPiccioli, Valentino has a thriving garment business in the classic evening wear business, adding more fresh casual wear and elegant daily wear. The proportion of shoes and bags has increased from 33% in 2012 to 43%, and the men's clothing ratio has also increased to 7-8%. P

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"P" Qatar capital has a special interest in Italy brand. In February this year, MayhoolaforInvestments bought a majority stake in Italy enterprise ForallConfezioniSpA, which owns PalZileri for men's wear brand, and is a brand authorized partner of Moschino and Cerruti1881.

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