×
50
Fashion Jobs
SHISEIDO
gt & Otc Channel Sales Manager
Permanent · Ho Chi Minh City
ADIDAS
Manager Product Creation, Footwear, bu Originals, Basketball & Partnerships (M/F/D)
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager Product Creation Footwear, bu Originals,Basketball & Partnerships (M/F/D)
Permanent · HO CHI MINH CITY
COLUMBIA SPORTSWEAR COMPANY
Planner ii-Production
Permanent · HANOI
ADIDAS
Manager, Sustainable Sourcing - Environmental Field Operations
Permanent · HO CHI MINH CITY
PUMA
Manager Product Line Sportstyle Footwear
Permanent · Ho Chi Minh City
PVH
Manager, Quality Assurance – Process Engineer
Permanent · HO CHI MINH CITY
PVH
Manager, Merchandising
Permanent · Ho Chi Minh City
PUMA
Assistant Manager Development Fabric Apparel
Permanent · Ho Chi Minh City
H&M
Sourcing & Capacity Development Specialist
Permanent · HO CHI MINH CITY
ADIDAS
Assistant Product Manager, bu Originals, Basketball & Partnerships
Permanent · HO CHI MINH CITY
ADIDAS
Product Designer Footwear, Originals
Permanent · HO CHI MINH CITY
ADIDAS
Director Product Creation, Footwear, bu Originals, Basketball & Partnerships
Permanent · HO CHI MINH CITY
ADIDAS
Assistant Color & Materials Designer Footwear, bu Originals, Basketball & Partnerships (M/F/D)
Permanent · HO CHI MINH CITY
CROCS
[Footwear] (sr.)Restricted Substance & Testing Engineer
Permanent ·
CROCS
[Heydude] [Footwear] Commercialization & Engineering Manager (North, Central, South Vietnam)
Permanent · NORTH CENTRAL COAST
H&M
Store Department Manager (Quản lý Ngành Hàng Tại Cửa Hàng) - đà Nẵng Based
Permanent ·
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Crescent Mall
Permanent · HO CHI MINH CITY
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian - Vincom Đồng Khởi
Permanent · HO CHI MINH CITY
TIFFANY & CO
Client Relations Executive, Vietnam
Permanent · Ho Chi Minh City
COLUMBIA SPORTSWEAR COMPANY
lo Costing & Engineering Manager
Permanent ·
ADIDAS
Assistant Manager, E-Commerce Buying
Permanent · HO CHI MINH CITY
By
Reuters
Published
Jun 1, 2009
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Valentino sees signs of market recovery

By
Reuters
Published
Jun 1, 2009

MILAN (Reuters Life!) - Fashion group Valentino said it expects 2009 to be a tough year in luxury retail but has seen resilience in quality labels such as Marlboro and Hugo Boss.

Chief Executive Officer Stefano Sassi told Corriere della Sera newspaper that the luxury firm has seen a recovery in trade since the middle of April.

"In the first quarter we lost a bit in terms of turnover and profitability, but from the middle of April, we are seeing a recovery," he said in an interview published in the newspaper's CorriereEconomia business section on Monday 1 June.

This year "will be more difficult" than 2008, he added. The design house, which includes Valentino and Hugo Boss labels as well as the license for Marlboro clothing, will focus on controlling costs.

"This crisis has mostly hit luxury, while a line like Marlboro for example is holding at last year's levels and even Hugo Boss is standing its ground," Sassi said.

"But April and May are giving very encouraging signals for Valentino as well," he added.

Valentino Fashion Group, which is controlled by private equity group Permira, increased turnover 3 percent in 2008 to 2.2 billion euros ($3.08 billion) while core profit slipped to 320.4 million euros from 330.3 million euros.

Valentino's founder, Valentino Garavani, retired in January 2008 after heading the house for nearly half a century and making its trademark red evening gowns regulars on the red carpets at the Oscars, Cannes film festival and elsewhere.

His successor, Alessandra Facchinetti, lasted less than a year before leaving "embittered." She was replaced by in-house team Maria Grazia Chiuri and Pier Paolo Piccioli.

Sassi said Valentino had already sold 30 percent of its pre-collections for autumn/winter 2009 -- "a really, really good result considering ... we are selling the collection at full price."

(Reporting by Jo Winterbottom, editing by Paul Casciato)

($1=.7146 Euro)

© Thomson Reuters 2023 All rights reserved.