Carlo Pambianco
Carlo Pambianco
activity certainly companies merger pick
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.
cheaper customer london losing milan risk sensitive travel
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.
brands exactly italian stores
It is not exactly a new market. All the big Italian brands already have stores there.
afford eating quarter saint time
Time is money. Yves Saint Laurent is eating up a quarter of Gucci's profits. How long can they afford that?