Ferretti takeover. Made in Italy Bye Bye.
“Made in Italy Bye Bye!” read the headline of an editorial in Il Sole 24 Ore financial daily after the Chinese firm’s takeover of the world’s leading luxury yacht maker Ferretti. “Another bit of Made in Italy leaves” proclaimed the media highlighting Asia’s fast-growing taste for elegant opulence in contrast to crisis-stricken Western markets. As … Read more