2012 predictions

Moderate growth for the high end segment in 2012 according to top international retailers

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During the Opening Ceremony of February edition of Milano Unica International Textile Fair, Executive Director of the Altagamma Foundation, Italy’s luxury goods trade association, Armando Branchini, presented the forecasts on the sales trends of personal high end products as formulated by the top management of the biggest luxury retailers in the world. According to Chairman … Read more

Cavalli CEO: To keep prices at acceptable levels is key. Shoppers want value for money

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Altagamma, Italy’s luxury goods trade association, said in a February statement that it expected the global sector to grow modestly in 2012 on the back of strong consumption in Asia and better prepared businesses. Gianluca Brozzetti, Chief executive of Italian fashion house Roberto Cavalli sees a difficult 2012 year for luxury industry in Europe. “The … Read more