MILAN (Reuters) – Italian luxurious group Moncler is assured it could meet analyst expectations that gross sales will attain 2.4 billion euros ($2.53 billion) this yr regardless of a brand new spherical of lockdowns impacting gross sales in China, its chief company and provide officer mentioned on Thursday.

Luciano Santel advised reporters the Chinese language shutdowns that started in March in some cities had been the most important concern, however added that if the scenario was resolved within the second quarter – which is seasonally much less vital for the group – “they’d not produce huge damages.”

($1 = 0.9481 euros)