According to Norsa, now a consultant and board member in various international groups, “after what were relatively easy times for everyone, we are now in the era of winners and losers, and the luxury goods market is moving towards a consolidation phase, marked by limited growth; much more attention will be paid to profitability.”Norsa reckons that the generational handover by the great designers and entrepreneurs of the past did not take place in Italy, and aggregation turned out to be impossible, the opposite of what happened in France; as a result, many Italian labels ended up in the hands of foreign groups.
Asked whether major groups are likely to be created in Italy too in the future, Norsa was scepticalคำพูดจาก
Trump’s executive order requires U.S. investors to completely divest from the securities of 44 companies deemed to be linked to the Chinese military.Confusion over the order, which has been amended and interpreted via different guidance from separate agencies, has roiled Asian markets, led financial institutions to purge potentially affected companies from funds and asset managers to sell positions at depressed prices.
With the sanctions effectively kicking in after Biden takes office, financial professionals are waiting to see how he handles the issue, but expectations are low that he will reverse course, leaving investors worried their access to China’s vast capital market and huge economy will be increasingly restricted.Some of the confusion stems from deep divides within the T…