Note that seasonality in this sector leads to a higher concentration of sales and profits in the first half of the year.
The C.E.O. and General Manager of Marcolin SpA., Massimo Saracchi, had this to say: “The year 2008 promises to be an exceptional year for Marcolin, despite the recessive situation on the markets.
This year marks a return to profitability, with sales increasing despite terminating the Cébé winter product lines and the unfavourable Euro/US dollar exchange rate, and a significant expansion in the licenses we hold.
Remember that Marcolin has recently added the DSquared2 and more recently, John Galliano brands to the licenses we handle. We are also working to improve our results further for 2009”.