According to Norsa, now a consultant and board member in various international groups, “after what were relatively easy times for everyone, we are now in the era of winners and losers, and the luxury goods market is moving towards a consolidation phase, marked by limited growth; much more attention will be paid to profitability.”Norsa reckons that the generational handover by the great designers and entrepreneurs of the past did not take place in Italy, and aggregation turned out to be impossible, the opposite of what happened in France; as a result, many Italian labels ended up in the hands of foreign groups.

Asked whether major groups are likely to be created in Italy too in the future, Norsa was scepticalคำพูดจาก