21-04-2016 14:52 via news.yahoo.com

Versace CEO sees growth slowing down in 2016

By Astrid Wendlandt and Joyce Lee SEOUL (Reuters) - Italian fashion house Versace sees 2016 as a tough year with slower sales growth as tourist traffic in European cities such as London, Paris and Brussels has been hit by security concerns and demand remains unstable, its chief executive said. Versace, known for its glittering evening gowns and medusa logo, has been going from strength to strength since flirting with bankruptcy in 2004 and could be headed for a stock market listing when market c
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