(Reuters) - Italian luxury group Salvatore Ferragamo expects its sales to Hoboken Reporter grow this year after the Chinese New Year Hoboken Reporter contributed to an "excellent" performance in Hoboken Reporter February, Chief Executive Michele Norsa said on Sunday.
Ferragamo reported at the end of January Hoboken Reporter a preliminary 6 percent rise in last year's revenue Hoboken Reporter to 1.3 billion euros ($1.5 billion). It will publish final 2014 results on March 12.
Norsa said a weaker euro, lower oil prices, buoyant financial Hoboken Reporter markets and the impact of the European Central Bank's bond buying Hoboken Reporter programme were all factors supporting the 2015 outlook, despite Hoboken Reporter ongoing global threats such as Islamic extremism.
"It's reasonable to expect Hoboken Reporter another year of growth," Norsa told journalists ahead Hoboken Reporter of the brand's Autumn/Winter 2015 women's collection show, Hoboken Reporter answering a question about sales.
"February was an excellent month," he added.
The Chinese New Year has a Hoboken Reporter significant impact on luxury Hoboken Reporter spending. Italian fashion house Prada said a week ago its sales to the end of Hoboken Reporter January had suffered because the Chinese New Year fell on Feb. 19, Hoboken Reporter while in 2014 it was on Jan. 31.
Norsa said the festivity had Hoboken Reporter brought Chinese tourists to Hoboken Reporter places like Korea, Japan, Australia, the West Coast of the United States but also to Hoboken Reporter Europe, including Italy.
"We've seen in the last Hoboken Reporter week Chinese disseminated all around the world Hoboken Reporter spending money ... It is really a strong Hoboken Reporter move," he said. "The dynamics Hoboken Reporter of our retail outlets, also in Italy, over the past 10 days have been rather Hoboken Reporter extraordinary."
A weaker euro will likely Hoboken Reporter continue to drive Hoboken Reporter Chinese tourists to Europe this year and Milan's upcoming Expo 2015 international exhibition should help Italy's role as the Hoboken Reporter first country they visit in the Continent
Source: Hoboken Reporter
Norsa said a weaker euro, lower oil prices, buoyant financial Hoboken Reporter markets and the impact of the European Central Bank's bond buying Hoboken Reporter programme were all factors supporting the 2015 outlook, despite Hoboken Reporter ongoing global threats such as Islamic extremism.
"It's reasonable to expect Hoboken Reporter another year of growth," Norsa told journalists ahead Hoboken Reporter of the brand's Autumn/Winter 2015 women's collection show, Hoboken Reporter answering a question about sales.
"February was an excellent month," he added.
The Chinese New Year has a Hoboken Reporter significant impact on luxury Hoboken Reporter spending. Italian fashion house Prada said a week ago its sales to the end of Hoboken Reporter January had suffered because the Chinese New Year fell on Feb. 19, Hoboken Reporter while in 2014 it was on Jan. 31.
Norsa said the festivity had Hoboken Reporter brought Chinese tourists to Hoboken Reporter places like Korea, Japan, Australia, the West Coast of the United States but also to Hoboken Reporter Europe, including Italy.
"We've seen in the last Hoboken Reporter week Chinese disseminated all around the world Hoboken Reporter spending money ... It is really a strong Hoboken Reporter move," he said. "The dynamics Hoboken Reporter of our retail outlets, also in Italy, over the past 10 days have been rather Hoboken Reporter extraordinary."
A weaker euro will likely Hoboken Reporter continue to drive Hoboken Reporter Chinese tourists to Europe this year and Milan's upcoming Expo 2015 international exhibition should help Italy's role as the Hoboken Reporter first country they visit in the Continent
Source: Hoboken Reporter
