September 13, 2024

Series A represents 3% of GDP

Football in Italy is a crucial economic sector, contributing 3% of GDP with revenues of €78 billion in 2022. It generates revenue through TV rights, sponsorship, merchandising and betting, creating 112,000 jobs and paying 1.2 billion in taxes. TV rights are worth 900 million annually, while betting generates 10 billion.
September 6, 2024

Mars acquires pringles for 36 billion

Mars acquires Pringles producer Kellanova for $36 billion. The deal, the largest in the packaged food industry, expands Mars' portfolio with iconic snacks such as Pringles and Pop-Tarts. The acquisition reflects Mars' strategy of expanding to address inflation and changes in consumer preferences.
August 30, 2024

Do the Olympics increase house prices?

The Olympics are having a significant impact on property prices in Paris and Milan. In Paris, during the 2024 Games, prices have risen by 7-10% in areas close to the Olympic projects. In Milan, in preparation for the 2026 Winter Olympics, prices have already risen by 5-8%, with forecasts for further growth of up to 15%. These events represent opportunities for investors, but also challenges for local residents, with possible risks of gentrification and rising living costs.
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August 23, 2024

Golden Goose is dominating the trainer world

Golden Goose, the Italian luxury brand founded in 2000 in Venice, is revolutionising the trainer world with its characteristic lived-in look. Born from the founders' passion for research, travel and art, the brand combines Italian sartorial tradition and innovation. The ‘distressed’ trainers have become a style icon, worn by celebrities such as Taylor Swift and Selena Gomez. With flagship stores in key cities such as New York and Paris, Golden Goose has reached an international clientele and recorded revenues of €587 million in 2023.
August 9, 2024

Some states have HUGE investment funds

Sovereign wealth funds, managed by government agencies, are powerful financial instruments that invest a country's excess resources in financial markets to ensure long-term economic stability. Originally created to manage wealth from the export of natural resources, they now control over USD 12.8 trillion in diversified assets. Among the best known funds are Norway's Government Pension Fund Global and the China Investment Corporation.
August 2, 2024

Does Chiara Ferragni’s crisis continue?

Chiara Ferragni faces a significant crisis with the closure of the Milan flagship store in August, after the ‘Pandoro Gate’ scandal and the termination of contracts with companies such as Pigna, Safilo and Pantene. The resignation of Fabio Maria Damato, general manager, further highlights the crisis. Ferragni handed over operational delegations to her mother, Marina Di Guardo, in order to stabilise the management of the company. Despite the difficulties, the brand retains a strong following and potential.
July 26, 2024

Stellantis: production crisis in Italy in 2024

In the first half of 2024, Stellantis' production in Italy declined by 25.2 per cent, with 303,510 vehicles produced. Cars decreased by 36%, while commercial vehicles increased by 2%. Pomigliano saw an increase of 3.5%, but Melfi and Mirafiori suffered declines of 57.6% and 63% respectively.
July 12, 2024

Italy could have earned 12 billion from the Europeans

Italy, eliminated from the 2024 European Championships, could have benefited economically from a victory. The FIGC estimates that a triumph would have increased the GDP by 0.7 per cent, or around EUR 12 billion. The victory would have increased domestic consumption, improved consumer confidence, stimulated sporting activity and improved the international perception of the country, with positive effects on exports and tourism. The expected economic growth would have affected several sectors, bringing widespread benefits to the Italian economy.