{"id":71972,"date":"2013-12-09T10:25:22","date_gmt":"2013-12-09T09:25:22","guid":{"rendered":"https:\/\/www.aspeninstitute.it\/pin\/week-november-29-december-5\/"},"modified":"2013-12-09T10:25:22","modified_gmt":"2013-12-09T09:25:22","slug":"week-november-29-december-5","status":"publish","type":"pin","link":"https:\/\/www.aspeninstitute.it\/en\/pin\/week-november-29-december-5\/","title":{"rendered":"The week of November 29  &#8211; December 5"},"content":{"rendered":"<p><strong>Milan, a fashion financial hub<\/strong> \u2013 The IPO of <strong>Moncler<\/strong> is approaching and keeps the interest of the foreign press in the Italian luxury sector high. That\u2019s partly because behind the down garment designer\u2019s sumptuous launch on the stock market (<em>Businessweek<\/em>, December 2 &nbsp;&nbsp;&#8211;<a href=\"http:\/\/www.businessweek.com\/articles\/2013-12-02\/how-moncler-turned-lavish-puffy-coats-into-a-lavish-puffy-ipo\" target=\"_blank\" rel=\"noopener\">How Moncler Turned Lavish, Puffy Coats Into a Lavish, Puffy IPO<\/a>), the Italian fashion sector is opening up to the market. According to the <em>Washington Post<\/em> website, the Milan stock market is becoming a financial hub for the sector, taking advantage of the excellence of luxury items and the economy in the Lombard capital (<em>Washington Post<\/em>&nbsp;&#8211;&nbsp;<a href=\"http:\/\/www.washingtonpost.com\/world\/europe\/as-ipos-return-milan-index-aims-to-be-fashion-hub\/2013\/12\/03\/e7616e72-5c3f-11e3-8d24-31c016b976b2_story.html\" target=\"_blank\" rel=\"noopener\">As IPOs return, Milan index aims to be fashion hub<\/a>).<\/p>\n<p>Building a stronger fashion system also includes the entry of Fondo Strategico di Cassa Depositi e Prestiti in <strong>Versace<\/strong>. As the <em>Financial Times<\/em> puts it, the partner might be most suitable to the fashion house\u2019s business model (December 4 &nbsp;&nbsp;&#8211;&nbsp;<a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/0\/cc96f2fc-5cd9-11e3-a558-00144feabdc0.html?siteedition=intl#axzz2maUamP4n\" target=\"_blank\" rel=\"noopener\">Italian state fund puts in highest offer for Versace stake<\/a>; also discussed in V<em>alor Economico&nbsp;<\/em>&#8211;&nbsp;<a href=\"http:\/\/www.valor.com.br\/empresas\/3362690\/versace-atrai-fundo-estatal-da-italia\" target=\"_blank\" rel=\"noopener\">Versace atrai fundo estatal da It\u00e1lia&nbsp;<\/a>*).<\/p>\n<p>Internationalization is also approaching for another luxury firm quoted on the Milan stock Exchange. <strong>Italian Independent<\/strong>, the brand of Lapo Elkann, announced its entry in the Brazilian eyewear market in 2014 (<em>Valor Economico,&nbsp;<\/em>December 4 &nbsp;&nbsp;&#8211;&nbsp;<a href=\"http:\/\/www.valor.com.br\/empresas\/3361384\/lapo-elkann-trara-grife-de-oculos-ao-brasil-em-2014\">Lapo Elkann trar\u00e1 grife de \u00f3culos ao Brasil em 2014&nbsp;<\/a>*). Finally, <strong>Maserati<\/strong> is targeting Morocco. The local paper, <em>L&#8217;economiste, <\/em>explained that the Trident is planning to open two new showrooms in Casablanca (November 29 &nbsp;&nbsp;<em>&#8211;<\/em>&nbsp;<a href=\"http:\/\/www.leconomiste.com\/article\/913433-maserati-d-j-une-vingtaine-de-commandes\" target=\"_blank\" rel=\"noopener\">Maserati: D\u00e9j\u00e0 une vingtaine de commandes<\/a>). &nbsp;&nbsp;<\/p>\n<p><strong>Ferrero, Mediobanca, Natuzzi: the internationalization of Italian groups<\/strong> \u2013 Along with luxury brands, other made in Italy sectors continue to grow and attract the attention of the foreign press. The <em>Wall Street Journal<\/em><strong> <\/strong>published an interview with <strong>Giovanni Ferrero<\/strong>, CEO of the world\u2019s fourth largest chocolate maker, who explained to the US paper the family firm\u2019s global strategy (November 29 &nbsp;&nbsp;&#8211;&nbsp;<a href=\"http:\/\/online.wsj.com\/news\/articles\/SB10001424052702303559504579200052948857542?KEYWORDS=italy\" target=\"_blank\" rel=\"noopener\">Maker of Nutella and Tic Tacs Confident in Family Hands<\/a>). And the sofa manufacturer <strong>Natuzzi<\/strong> is heading to India. According to the <em>The Hindu Business Line<\/em>, the company plans to open 15 new stores in the country next year (November 29 &nbsp;&nbsp;&#8211;&nbsp;<a href=\"http:\/\/www.thehindubusinessline.com\/industry-and-economy\/real-estate\/natuzzi-to-expand-india-presence\/article5405270.ec\" target=\"_blank\" rel=\"noopener\">Natuzzi to expand India presence<\/a>). Exports in general are pulling their weight in Italian manufacturing and, according to the <em>Wall Street Journal<\/em>, are making a significant contribution to Europe\u2019s industrial activity (December 2 &nbsp;&nbsp;&#8211;&nbsp;<a href=\"http:\/\/online.wsj.com\/news\/articles\/SB10001424052702303670804579233480091208124?KEYWORDS=italy\" target=\"_blank\" rel=\"noopener\">Italy Helps to Boost Euro-Zone Manufacturing Activity in November<\/a>).<\/p>\n<p>However, it is not only industrial groups that are interested in international expansion. The <em>Financial Times<\/em> reported that <strong>Mediobanca<\/strong> is foreseeing growth on the European capital market (December 2 &nbsp;&nbsp;&#8211;<a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/0\/f3aff70c-5b72-11e3-a2ba-00144feabdc0.html\" target=\"_blank\" rel=\"noopener\">Mediobanca hires veteran adviser to expand European operations<\/a>).<\/p>\n<p><strong>Design, cinema and tourism Italian style<\/strong> &#8211;&nbsp; Finally, there were several stories on Italian lifestyle. The <em>New York Times<\/em> wrote about the work of industrial designer <strong>Idarica Gazzoni<\/strong>&nbsp;&nbsp;(December 2 &nbsp;&nbsp;&#8211;&nbsp;<a href=\"http:\/\/tmagazine.blogs.nytimes.com\/2013\/12\/02\/homework-for-this-italian-fabric-designer-fantasy-comes-in-patterns\/?hpw&amp;rref=t-magazine&amp;_r=0\" target=\"_blank\" rel=\"noopener\">For This Italian Fabric Designer, Fantasy Comes in Patterns<\/a>), while <em>El Mundo<\/em>&nbsp;turned its attention to supercars in two articles. One was dedicated to the <strong>Ferrari&nbsp;<\/strong>458 Speciale, the Maranello masterpiece (December 4 &nbsp;&nbsp;&#8211;&nbsp;<a href=\"http:\/\/www.elmundo.es\/motor\/2013\/12\/04\/529d9b6563fd3d5f0f8b4583.html\" target=\"_blank\" rel=\"noopener\">Al volante del Ferrari 458 Speciale<\/a>) and the other reported on the new <strong>Lamborghini <\/strong>Veneno Roadster (December 3 &nbsp;&nbsp;&#8211;<a href=\"http:\/\/www.elmundo.es\/album\/motor\/2013\/12\/03\/529da58d63fd3d71698b457c.html\" target=\"_blank\" rel=\"noopener\">&nbsp;Estreno del Lamborghini Veneno Roadster<\/a>).<\/p>\n<p><em>El Pais<\/em> reported on the restoration of the bronze door of the St. John\u2019s Bapistry in <strong>Florence<\/strong> (December 2 &nbsp;&nbsp;&#8211;&nbsp;<a href=\"http:\/\/cultura.elpais.com\/cultura\/2013\/12\/02\/actualidad\/1385983247_664958.html\" target=\"_blank\" rel=\"noopener\">El retorno de la edad del Oro en Florencia<\/a>), while other articles are dedicated to cinema. The Mexican paper <em>La Jornada<\/em> wrote about the homage to <strong>Fellini<\/strong> by director Tiahoga Ruge (December 2&nbsp; &#8211;<a href=\"http:\/\/www.jornada.unam.mx\/2013\/12\/02\/espectaculos\/a13n2esp\" target=\"_blank\" rel=\"noopener\">So\u00f1ando con Tulum&#8230;, cinta homenaje a Fellini<\/a>), and the <em>New York Times<\/em> discussed on the work by <strong>Paolo Sorrentino<\/strong>&nbsp;with an interview about the Fellini touches of his film \u201cThe Great Beauty\u201d (December 4 &nbsp;&#8211;&nbsp;&nbsp;<a href=\"http:\/\/carpetbagger.blogs.nytimes.com\/2013\/12\/04\/paolo-sorrentino-on-the-great-beauty-and-italian-alienation\/?_r=0\" target=\"_blank\" rel=\"noopener\">Paolo Sorrentino on \u2018The Great Beauty\u2019 and Italian Alienation<\/a>).<\/p>\n<p><strong>&nbsp;<\/strong><\/p>\n<p>* marked articles viewable online upon payment or registration<\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>Milan, a fashion financial hub<\/strong> \u2013 The IPO of <strong>Moncler<\/strong> is approaching and keeps the interest of the foreign press in the Italian luxury sector high. That\u2019s partly because behind the down garment designer\u2019s sumptuous launch on the stock market (<em>Businessweek<\/em>, December 2 &nbsp;&nbsp;&#8211;<a href=\"http:\/\/www.businessweek.com\/articles\/2013-12-02\/how-moncler-turned-lavish-puffy-coats-into-a-lavish-puffy-ipo\" target=\"_blank\" rel=\"noopener\">How Moncler Turned Lavish, Puffy Coats Into a Lavish, Puffy IPO<\/a>), the Italian fashion sector is opening up to the market.<\/p>\n","protected":false},"author":2357,"featured_media":0,"template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":"","_themeisle_gutenberg_block_has_review":false,"footnotes":""},"freetags":[],"tipologiapin":[2375],"tag_tecnica":[],"temi_aspen":[],"attivita_internaz_in_essere":[],"attivita_internaz_concluse":[],"studi_e_ricerche":[],"class_list":["post-71972","pin","type-pin","status-publish","hentry","tipologiapin-foreign-press-italys-success-stories"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/pin\/71972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/pin"}],"about":[{"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/types\/pin"}],"author":[{"embeddable":true,"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/users\/2357"}],"version-history":[{"count":0,"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/pin\/71972\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/media?parent=71972"}],"wp:term":[{"taxonomy":"freetags","embeddable":true,"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/freetags?post=71972"},{"taxonomy":"tipologiapin","embeddable":true,"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/tipologiapin?post=71972"},{"taxonomy":"tag_tecnica","embeddable":true,"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/tag_tecnica?post=71972"},{"taxonomy":"temi_aspen","embeddable":true,"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/temi_aspen?post=71972"},{"taxonomy":"attivita_internaz_in_essere","embeddable":true,"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/attivita_internaz_in_essere?post=71972"},{"taxonomy":"attivita_internaz_concluse","embeddable":true,"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/attivita_internaz_concluse?post=71972"},{"taxonomy":"studi_e_ricerche","embeddable":true,"href":"https:\/\/www.aspeninstitute.it\/en\/wp-json\/wp\/v2\/studi_e_ricerche?post=71972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}