Ferragamo Shares Soared, Chinese Consumption Strong

Italy's luxury brand in 2015. Ferragamo In an interview with the media in the past fashion week in Milan, the group's global stores are growing well, benefiting from strong consumer behavior. At the same time, it also expressed greater expectations for continued growth in fiscal year 2016.

Alone is the end of Paris terrorist attack time let. Luxury goods The market has been briefly affected, and the slowdown in China and the global economy has also brought many resistance to the growth of the luxury market. Nevertheless, he still marveled at the amazing purchasing power of Chinese consumers, saying that the Chinese in February were in Korea, Japan, Australia The strong consumption power of Europe and the west coast of the United States has made the company's global store "Excellent" February.

In order to make the Ferragamo stimulate growth faster, group CEO said it will expand its expansion plan for tourism retail business this year. At the same time, the Group expects to set up an estimated 10 airports in Dubai, Helsinki and Quito. However, Michele Norsa has not responded to the annual expansion target, but it may be known in the March 17th annual report.

The CEO Michele Norsa of Ferragamo said that in the past 2015, weak euro, low oil price and ECB bond repurchase program provided the soil for the sustainable development of the luxury industry. The price of the Ferragamo group opened more than 1% on Tuesday, and it continued to rise, rising to 2.70% at noon in Milan and 21.30 euros.