According to the latest report of Pambianco Strategie di Impresa, Italian and foreign fashion groups are expected to grow for 2015.
In 2014, Italian fashion groups’ sales rose 4.9%, compared with $41.6 billion in 2013, reaching$44 billion in 2014. Valentino Fashion Group ( up 20.3%), Moncler( up 19.9%) and Versace( up 16.9%) showed the biggest gains among Italian companies. Among the 21 firms, the most profitable companies were Bottega Veneta, with EBITDA representing 34.4% of sales; Gucci (35.3%), and Moncler (33.5%).
Fashion groups outside Italy reported total sales gains of 5.7 percent to $188 billion, Hennes & Mauritz, Hermès International and Mango grew the most.
Pambianco also expects the world fashion companies to show a revenues growth of 3% to 4% and a profitability decrease of 1% to 2% for 2015.
Pambianco also analyzed financial results pertaining to the first quarter of the year of publicly listed Italian and foreign companies.
In Italy, the companies that grew the most were Moncler (up 38.2%),Basicnet (up 24.8%) and Luxottica (up 20%). Foreign companies that grew the most were Saint Laurent
(up 33.8%), H&M (up 25.3%) and Hermès (up 18.9%).
Pambianco also noted that those companies that distribute their products through mono-brand stores fare better, both in Italy and abroad.
( Source: WWD.COM)