China LiLang’s gross margin has increased by 13 percentage points compared to pre-pandemic levels.
In the interview, Stefano Canali introduced us to the brand’s latest project in the sustainability field, the CAre Project. He also shared with us the brand’s ongoing commitment to sustainability. Additionally, he discussed his insights into the menswear industry, the Chinese market, and the brand’s future plans.
“Because there is no planet B.”
According to reports, this transaction does not include the Pal Zileri brand, which is still fully controlled by the Qatari fund Mayhoola.
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%.
Antony Morato’s CEO, Lello Caldarelli, stated, “Our target is to reach €85 million with a growth rate of 15%.”
“People entering the Pitti community can play their own game.”
For Angel Ramos, this acquisition represents an opportunity to elevate his brand to a whole new level and reach a broader audience of fashionable men.
Luxe.CO and Luxeplace.com will be dispatching a reporting team to Florence in June to cover Pitti Uomo 104 on ground!
The brand name LF has a dual meaning, as it can be understood as an abbreviation of Luis Figo’s initials, and can also be linked to the brand’s positioning as Luxury Fashion.