Missoni~Heiress
Seductress in Eden
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- Nov 10, 2004
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v_g
helena said:VERSACE'S SELLING AGAINVERSACE announced this week that its loses for 2004 grew to £65 million as sales dipped 20.6 per cent to £216 million. The figures are no surprise, however. The company's chief executive officer, Giancarlo Di Risio, said last week that losses for the fiscal year 2004 would be greater than the £17.3 million posted for 2003, but said that this marked a turning point for Versace as it worked towards breaking even in 2007. "This is an historic transformation from a family-run company to a manager-run company," he said. "We are abiding by the same principles as a publicly listed company." Di Risio also said that a more sophisticated and "exploitable" product range as the reason for a 53 per cent surge in wholesale sales for autumn/winter 2005-6.
Same old question....what can Versace do to get back in the game??????
versace_goddess said:Also i would like to say this thread isnt for bagging out donatella... you can start your own thread on that if you really need to