Certainly merger and acquisition activity will pick up. There are many small- and medium-size companies that need to consolidate to compete, especially in Italy. |
It is not exactly a new market. All the big Italian brands already have stores there. |
The customer is very sensitive to price. They travel and if they know they can get something cheaper in Milan or London you risk losing their loyalty. |
This is good news for Prada. This could be the start of a new growth phase for the company. |
Time is money. Yves Saint Laurent is eating up a quarter of Gucci's profits. How long can they afford that? |
Time is money. Yves Saint Laurent is eating up a quarter of Gucci's profits. How long can they afford that? |