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Italy'S Fashion Industry Has Seen A Slight Increase In Revenue.

2015/10/12 17:16:00 21

ItalyFashion IndustryRevenue

It is reported that last year

Milan

The total revenue of the fashion industry is 61 billion 200 million euros, and it is expected to reach 64 billion 200 million euros in 2015.

In January this year, the Italy government on Pitti Uomo said it would increase its support for the fashion industry, and the euro was used to support it.

Italy

Manufacturing goods.

In the past 2015-2017 years, the Italian government has allocated about 36 million euros to the textile and garment industry every year.

The four largest in 2016

fashion week

The Milan fashion week has been praised for its profound historical heritage and high quality.

Recently, the Milan Fashion Association announced that the profit of fashion industry in 2015 is expected to increase by 5% over the previous year. It is estimated that Milan's fashion industry will achieve 6.5% growth in the first half of 2016.

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L Capital, the world's largest luxury group LVMH and its holding group Groupe Arnault, has invested in the shares of Acturus Capital49%, a holding company of the Spanish fashion brand El Ganso.

Spain is a country rich in cheap fashion brands. Mango and Zara are all the best in the international fashion stage.

El Ganso may also follow the lead of fellow countrymen.

According to the latest news, L Capital has bought shares of EI Ganso's holding company ActURus Capital 49%.

The company said in October 9th that the private equity fund sponsored by LVMH group and Arnault group will help the revitalization of the Madrid brand EI Ganso and promote its growth in the international market.

However, details of specific pactions have not yet been released.

L Capital, the world's largest luxury group LVMH and its holding group Groupe Arnault, has invested in a series of contemporary fashion brand holders. Over the past few years, it has acquired or invested in a number of fashion brands targeting the mid end market: acquiring the equity of Italy's famous designer shoes brand Giuseppe Zanotti 30%; acquiring the French fashion brand Ba&sh 50% stake; joint Lebanon investment company M1 Group, investing in the most rapidly growing cowboy and leisure brand Pepe Pepe in Europe; and holding 51% of French fashion brands, and 51% sold in 2013.

The design and manufacture of EI Ganso are in Europe. The brand provides a series of men's wear, women's wear and children's garments, and shoes and accessories products at the price of the people.

The company expects net revenue to exceed 70 million euros ($78 million 900 thousand) by the end of this year, with an annual growth rate of 50% over the past five years.

It is estimated that by the end of 2015, EI Ganso will open 120 stores, and the total number of employees will reach 600.

Julio BaBECKi, managing director of L Capital capital, Spain, said: "although EL Ganso is a relatively young company, it has successfully created a distinctly sportswear series.

This is an important presence in the Spanish market.

The brand's global expansion experience so far, especially in some of the most challenging fashion centers in the world, such as Paris, London and Milan, will continue to promote the future development of the brand and achieve a high level of performance growth, along with our experience in the global market of the fashion industry.


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