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    Ferragamo The Situation Is Very Good.

    2015/3/6 15:19:00 30

    FerragamoMarket Performance

    Italy's fashion brand Salvatore Ferragamo was in good shape last year. Last month, they released their year-round results. The report shows that total sales of Ferragamo increased by 6.5% in 2014, reaching 1 billion 330 million euros (about 1 billion 500 million US dollars). In the past February, their intraday share price rose 3.2% to 27.98 euros, the highest share price in Ferragamo since January 2, 2014.

    "We performed very well in February". Ferragamo Michele Norsa, chief executive, said: "we are also optimistic about the trend of the coming year."

    February is again China One month of human effort: the number of people traveling and shopping overseas has increased greatly during the Spring Festival. The contribution of Chinese to luxury goods market is so obvious. It's also from Italy. Luxury goods The brand, Prada, said in a few days ago that their business was booming in January last year, but it was very bleak in January 2015. This is because the Chinese Lunar New Year is in February of the Gregorian calendar this year.

    "The Chinese spend money all over the world. They go to Korea, Japan, Australia, the west coast of the United States in the spring, and of course they come to Europe to Italy," Michele Norsa said. "In the past 10 days, our business has been very good."

    The continued depreciation of the euro has attracted Chinese tourists to travel and shopping in Europe, which is good news for them. They have lost Russian tourists but have gained Chinese tourists. Meanwhile, World Expo, Milan, which is about to open in May, will also have favorable conditions for the development of luxury brands in Europe. Taking all these factors into account, Ferragamo's 2015 is likely to be quite optimistic.

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    Italy luxury luxury down maker Moncler SpA (MONC.MI) announced its first annual report on December 2013 after its listing in December 2013, which shows that net profit in fiscal year 2014 has gone beyond the strong growth of the market. The group expressed confidence that it could maintain a rapid growth in 2015 against the background of continued instability throughout the year. Moncler SpA (MONC.MI) opened 8.5% higher on Thursday and reported 14.53 euros.

    Thanks to the expansion of the store network during the year, Moncler SpA (MONC.MI) increased its profit before the adjustment of EBITDA interest tax depreciation and amortization year-on-year by 21.5% to 232 million 900 thousand euros, higher than the 222 million 800 thousand euro market forecast, and 191 million 700 thousand euros in 2013 fiscal year. EBIT pre tax profit reached 201 million 600 thousand euros, an increase of 21.2%, and the market expectations were 198 million euros and 166 million 400 thousand euros respectively in the previous year. Net profit rose sharply by 71.2% to 130 million 300 thousand euros a year, 76 million 100 thousand euros the previous year.

    Annual sales increased significantly by 19.6% to 694 million 200 thousand euros, slightly better than the market forecast of 681 million euros, excluding the impact of the exchange rate rose 21%, while the same store sales benefited from the second half of the last few months of accelerated growth and recorded a 8% growth.


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