Martedì, 16 Ottobre 2018
MILAN

Versace hires Goldman Sachs to advise on more growth

English
© ANSA

Milan, April 4 - With strong revenues and continued
expansion - despite the economic crisis shaking much of the
globe - fashion house Versace isn't worried.
Instead, Versace's biggest concern these days is how to
grow even more, says chief executive officer Gian Giacomo
Ferraris.
For help, it has turned to financial advisers Goldman Sachs
and Banca Imi, which are working with company management to
figure out new growth strategies, the CEO told ANSA in an
interview.
What is certain, he added, is that the family-owned company
will not give up control of the Versace brand.
Last year, strong growth was recorded in the United States
but Versace says it isn't giving up on its home market in Italy,
with plans in the works for a new airport store in Venice.
Versace has also invested heavily in Brazil, Korea and
Turkey.

© Riproduzione riservata

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