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Seeking sunshine in Italy

Italy might face political turbulence, but fashion stocks are still fashionable

Moncler is growing at a double-digit pace, driven by its Asian expansion, notably in China and Japan. Unsurprisingly, Moncler trades at a higher valuation of some 20-odd times earnings.

(Ma n'atu sole cchiu' bello, oi ne' 
'O sole mio sta 'nfronte a te!
'O sole, 'o sole mio
Sta 'nfronte a te, sta 'nfronte a te!

(But another sun / More beautiful
It is the sun / Upon your face
The sun / my sun,
Upon your face / Upon your face)...

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