Overseas markets and e-commerce channels are the two major growth drivers for Santoni.

“The company’s fixed costs are too high, to the point that there is no capacity to carry out marketing efforts like those of the LVMH group.”

Meanwhile, the Christopher Kane brand is also actively seeking refinancing or sale options.

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These brands not only address practical pet care needs but also infuse a sense of aesthetics into their pet products, thanks to their imaginative ideas and high-quality Italian manufacturing craftsmanship. By doing so, they create a new emotional space between humans and animals, enhancing the bond between them.

Despite the substantial growth rate of 158.3%, the exports to Mainland China were still down by 10.3% compared to the same period in 2021.

“Pitti is a company that must maintain its DNA while keeping up with the times, bringing innovation, showcasing the evolution of fashion through new designers, and organizing events that stimulate discussions.”

Herno took action several months ago by collaborating with Istituto Secoli and other fashion brands in the region, such as Gucci, In.Co, Versace, and Zamasport, to establish a school in Novara to develop production talent.

This year, no fewer than 18 LVMH-owned brands showcased 25 innovative achievements within two dedicated spaces at the venue: The Dream Box and LVMH Court.

Italian investment holding company Hind SpA’s subsidiary, Holding Moda, which focuses on acquisitions in the fashion industry, is set to continue investing in the Italian supply chain and launch its third apprenticeship program.