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  "authorName": "Salvatore Ferragamo",
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      "text": "While the new offering today represents a small portion of the overall intended collection, it is an important step in the execution of our strategy and we are pleased by the early results. It will not be until later this year that we will start to see the fuller appreciation of the more complete new offer. We are also very pleased by the positive resonance and visibility of our initial communication efforts. New marketing activities and a higher share of new products will provide the engine for growth and increased store efficiency. We continue to invest in our business and make the critical choices to rationalize and elevate our wholesale channel. We are conscious of the work ahead of us, remain confident in our plans and confirm our mid-term ambition.",
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