PPage 68age 68 ConOpeningtact us ECxoentcauctitv use summary Welcome to the third edition of EY’s annual Financial Factbook for the luxury and cosmetics sector. The Factbook combines financial data, insight from EY’s global team of sector specialists and opinions of external experts. EY TAS Italy EY contributors Fashion & Luxury team to the 2015 factbook Flavie Lacault Paolo Lobetti Bodoni Ivan Chan Factbook global coordinator, MED RCP Advisory Leader — Turin Partner, Tax — Honk Kong Fashion & Luxury — Milan [email protected] [email protected] [email protected] +39 335 760 0436 +861 05920751307 +39 366 578 7676 Laurent Bludzien Roberto Bonacina Amaury Bonnaire Stephane Rinkin Director, Lead Advisory M&A, Executive Director, TAS — Geneva Partner, Tax — Shanghai Fashion & Luxury — Milan [email protected] [email protected] [email protected] +41 58 286 5517 +86 21 2228 8888 +39 335 138 1950 Marco Pier Mazzucchelli Partner, Head of TAS MED — Milan Full Name [email protected] +39 334 818 0103 The luxury and cosmetics financial factbook 2015