Clutching a fistful of shopping bags from designers Vivienne Westwood, Dior and Alexander McQueen as she concluded one of her twice-monthly shopping sprees, 29-year-old Zhao Bing looked like the picture of hope for luxury retail. "Is there a financial crisis in China? I don't think it has affected my life very much," said Zhao, who spent 7,000 yuan ($1,000) in 90 minutes at upscale Lane Crawford in Beijing's financial district last week. "I still buy those big brands, anyone you could think...Read Full Story
Clutching a fistful of shopping bags from designers Vivienne Westwood, Dior and Alexander McQueen as she concluded one of her twice-monthly shopping sprees, 29-year-old Zhao Bing looked like the picture of hope for luxury retail. "Is there a financial crisis in China? I don't think it has affected my life very much," said Zhao, who spent 7,000 yuan ($1,000) in 90 minutes at upscale Lane Crawford in Beijing's financial district last week. "I still buy those big brands, anyone you could think...Read Full Story
June 11 (Bloomberg) -- Michele Norsa, chief executive officer of Salvatore Ferragamo Italia SpA, talks about the outlook for sales and the shoemaker's store network expansion. Norsa, speaking from Hong Kong, also discusses the effect of the euro's decline on the luxury-goods business. He talks with Maryam Nemazee on Bloomberg Television's "Start Up."Read Full Story
July 1 (Bloomberg) -- Michele Norsa, chief executive officer of Salvatore Ferragamo Italia SpA, talks about the outlook for sales and the luxury-goods market. Norsa speaks on Bloomberg Television's "InBusiness with Margaret Brennan." (Source: Bloomberg)Read Full Story
Jan. 15 (Bloomberg) -- Salvatore Ferragamo SpA, an Italian luxury goods maker, is “confident” for 2012 after an “excellent” 2011, which included better-than-expected holiday sales, Chief Executive Officer Michele Norsa said today at the ...
Jan. 19 (Bloomberg) -- Michele Norsa, chief executive officer of Salvatore Ferragamo SpA, an Italian luxury goods maker, talks about the company's expansion strategy for Asia. He also discusses the impact of Europe's sovereign debt crisis on the company's business. He speaks from Shanghai with Susan Li on Bloomberg Television's "Asia Edge." (Source: Bloomberg)
Salvatore Ferragamo (SFER) SpA, an Italian luxury goods maker, is “confident” for 2012 after an “excellent” 2011, which included better-than-expected holiday sales, Chief Executive Officer Michele Norsa said today at the company’s men ...
Ferragamo, whose lines include $540 calfskin shoes and $2,950 bags, now operates 58 stores in 33 cities in China and is betting on an increasing number of middle-class consumers to help boost its business, Chief Executive Officer Michele Norsa ...
Michele Norsa, CEO and Group Managing Director, Salvatore Ferragamo Italia SpA (invited); John Rice, Vice Chairman, General Electric Company; Joseph Stiglitz, Professor of Economics and Finance, Columbia University; Rona Yircali, Chairman, Executive Board ...
MILAN, Nov 25 (Reuters) - Italy's Salvatore Ferragamo reiterated on Tuesday markets needed to stabilise for the luxury goods brand to work on a bourse listing and the financial crisis would not hurt its programme to open new stores. Florence-based ...