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VALENTINO GOING GLOBAL; U.S., MEN'S AMONG COMPONENTS OF GROWTH PUSH.

Daily News Record, January, 2005 by Nygaard, Sandra

Content provided in partnership with HighBeam Research

Byline: SANDRA NYGAARD, With contributions by TSUKASA FURUKAWA

NEW YORK -- Valentino is forging ahead with its new global business strategy to extend the brand in both Asia and the United States.

The company's latest step was put forth last week with the appointment of a new Asia-Pacific chief executive officer, Giovanni di Salvo. Stationed in the Hong Kong offices, di Salvo will report to Michele Norsa, CEO of Valentino SpA.

"Giovanni will be a very important person for the development of Asia," Norsa said. Di Salvo was previously the CEO of Prada's Asia-Pacific operations.

As Asia is potentially one of the fastest-growing economies and one of the largest luxury markets in the world, the move fits in with the...

 

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