Once the potential dual listing is implemented, the Ferretti Group will officially be listed on both the Hong Kong Stock Exchange and the pan-European exchange in Milan.
In the first quarter, China reemerged as the growth engine, driving a robust rebound in sales in the Asia-Pacific region.
Luxe.CO and Luxeplace.com will be dispatching a reporting team to Florence in June to cover Pitti Uomo 104 on ground!
The Chinese market saw a significant year-on-year increase of 29% to €88.6 million, accounting for 32.8% of Tod’s Group’s total revenue, making it the largest market for the group.
Santoni brand has experienced rapid growth in recent years, with expanding its women’s clothing market being one of its main focuses. The 2023 autumn/winter women’s clothing collection is based on the brand’s classic elements, emphasizing luxurious handcrafted techniques to showcase the unique qualities of women.
The successful organization of the 2023 Cosmopack exhibition in Bologna attracted 2900 exhibitors from 64 countries, showcasing new trends and technological innovations in the beauty industry. This highlights the resilience and development potential of the industry in the face of economic fluctuations.
The group appointed Robert Triefus as CEO of its Stone Island brand to “lead the second phase of development, focusing on the strategic development of the brand and the growth of its international influence”.
Benefiting from positive pricing strategies and product portfolio, as well as a decrease in transportation and energy costs, the group’s gross margin significantly increased to 58.4% in the first quarter.
Since going public, the company’s stock price has risen nearly 15%, with a current market value of approximately 17.6 billion euros.
Paying tribute to the creativity and transformative power exhibited by contemporary Chinese women.