Michele Norsa, chief executive officer of the Salvatore Ferragamo group, weighed in on the see-now, buy now discussion saying this was “in contrast with the quality” of Italian craftsmanship and that the system should not be drastically overturned. “Those countries that produce less than Italy are pushing this, but it’s not in our interest,” said Norsa ahead of the house’s fall show Sunday. Preserving the pipeline and ensuring sustainability are priorities. “The younger generation is very attentive to sustainability,” he said. Norsa revealed the Florence-based firm will unveil a capsule collection created with handbags designer Sara Battaglia this spring.
As for 2016, the executive expected it to be “similar” to last year, influenced by geopolitical factors, the UK referendum on BREXIT, the exit from the European Union, and the U.S. presidential election, but was to be less affected by currency fluctuations.