- Hussein Chalayan Hits Asia
- Chow Tai Fook Auctions Jewels
- Lorenzo Martone Fetes Launch of Martone Cycling Co.
EASTERN PROMISE: Salvatore Ferragamo is buying up shares in joint ventures in Korea, South East Asia and Greater China. “It is part of our strategy to be more directly present in these areas, which are main markets to develop and invest in,” Michele Norsa, chief executive officer of the publicly listed company, said on the sidelines of its men’s show on Sunday.
Norsa described the performance of the fourth quarter as “positive” also in China, “even after the political transition.” He also addressed the American market, saying that “a consistent growth” there has swept away worries following Hurricane Sandy last year and that there were “interesting prospects” for 2013. The Florence-based company plans to invest in retail in the U.S., expanding existing stores and opening new units in cities such as Chicago and San Francisco with an evolution of the brand’s store concept.
ADD A COMMENT
Sign in using your Facebook or Twitter account, or simply type your comment below as a guest by entering your email and name. Your email address will not be shared.