Valentino Chief Executive Said He Had No Intention To Sell Shares Of The Company.
In response to market rumors that the company is likely to be trading, chief executive of Valentino (Valentino) said that the company's major shareholder plans to build Italy fashion kingdom with no intention of selling the company.
Valentino CEO Stefano Sassi said the two largest controlling shareholders of Permira, the private equity fund company and the Marzotto family, wanted Valentino to shorten its distance from its competitors and continue its global expansion strategy.
When asked by Reuters Global Luxury Summit that there were reports that Permira was looking for a buyer to spanfer Valentino, Stefano Sassi replied, "no, I don't think so. We have more important work to do. Now the economic recovery is just beginning. "
Looking forward to 2010, Stefano Sassi said that after falling 7-8% last year, he expects sales this year to rise by about 10%, thanks mainly to the strong trend in the second half of this year.
He said Valentino's US wholesale orders increased substantially, and this trend is likely to last until the second half of the year. The brand also benefited from the strong demand in the Asian market and the improvement of the consumer market in the Middle East.
Stefano Sassi said Valentino's goal was to increase sales from 240 million euros in 2009 to 400 million euros in four years, partly by increasing its entry products while expanding Red's further development.
Stefano Sassi said it was absolutely impossible to buy a Valentino Cocktail Evening dress less than 2000 euros in the past. But now consumers can buy one for 1000 euros, plus 400 euros T-shirts, jeans and other daily clothes.
Stefano Sassi said, "Valentino used to be too advanced. A more reasonable price means attracting more new customers. But we will not develop the brand to a lower level.
- Related reading
Recently, International Leisure Shoe Giant American Hush Puppet Settled In Dongguan.
|- Fashion makeup | These 4 Points Depend Mainly On The Woman Who Can Wear Clothes.
- Fashion item | 2020TCE Clothing Custom Exhibition Nanjing Unreal World Dust World Advanced Customization
- I want to break the news. | Seized Calvin Klein, CHANEL ", ", HERMES Gucci3, More Than 10000 Fake Exports.
- market research | How Can The Fashion Industry Copy And Draw Lessons From A Clear Line?
- Celebrity interviews | Xu Kunyuan, Deputy Minister Of The Former Ministry Of Textile Industry, Is Always In My Heart.
- Fashion blog | Famous Artist Zhang Quan's Trend Brand Reviews Childhood Dreams
- Bullshit | Red Charming And Enchanting Is The Most Suitable Sex And Fashion For Women.
- Entrepreneurial path | Clothing Store Shop Decoration Design Points!
- Commercial treasure | Flower Autumn Autumn: How Does Clothing Store Display Information About Seasonal Change Of Goods?
- Entrepreneurial path | What 10 Major Misconceptions Should Be Avoided To Locate Women's Brand Franchised Stores?
- Rules Of Origin Are Touted By &Nbsp; Chinese Textile Enterprises Can Make A Detour.
- Gorgeous Summer Does Not Prevent Learning To Create A Pair Of Surprise Nail.
- Marketing Diamond Rule: Focus!
- Sexy Sister Flowers, Big S, PK
- Risk And Prevention Of Tax Planning For Small And Medium Enterprises &Nbsp (2)
- Risk And Prevention Of Tax Planning For Small And Medium Enterprises &Nbsp (1)
- Different Purchase Strategies Should Be Adopted For Different Target Customers.
- How Do Internet Bars Cross Three Doors?
- Fan Bingbing Has Successfully Become A World-Class Chinese Fashion Actress.
- Business Miracle: Girls Make 2 To 10 Million