According to the report, Chinese high-spending consumers exhibit a willingness to spend that is 50% higher than the global average.

“We intend to maintain a growth rate of 100% in the coming years, achieve €10 million in EBITDA within four years, and consider listing on the stock exchange in 2024.”

Fenice’s revenue increased by 134% year-on-year to 61 million euros, while Tbs Crew’s revenue grew by 105% year-on-year to 14.6 million euros.

According to speculation, the acquisition price for Pinarello is estimated to be around €200 million.

Antonio De Matteis, CEO of Kiton and newly appointed president of Pitti Immagine, expects the revenue for 2023 to approach 200 million euros, reflecting a growth rate of approximately 23.4%.

Italian luxury yacht manufacturer Ferretti is set to debut on the Milan Pan-European Exchange.

Previously, media outlets such as Reuters and Bloomberg speculated that Moncler Group could be a potential buyer for Golden Goose.

Reda is known for producing entirely “Made in Italy” and sustainable Merino wool fabrics.

Antony Morato’s CEO, Lello Caldarelli, stated, “Our target is to reach €85 million with a growth rate of 15%.”

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