![Designer Ermanno Daelli of Italian fashion house Ermanno Scervino (R) checks his creation in the atelier near Florence September 5, 2012. If the luxury industry is growing less this year after enjoying Designer Ermanno Daelli of Italian fashion house Ermanno Scervino (R) checks his creation in the atelier near Florence September 5, 2012. If the luxury industry is growing less this year after enjoying](https://c8.alamy.com/compfr/2cy09n3/designer-ermanno-daelli-of-italian-fashion-house-ermanno-scervino-r-checks-his-creation-in-the-atelier-near-florence-september-5-2012-if-the-luxury-industry-is-growing-less-this-year-after-enjoying-nearly-three-years-of-bonanza-this-not-a-drama-toni-scervino-the-head-of-italian-fashion-house-ermanno-scervino-said-on-september-13-2012-analysts-expect-the-global-luxury-industry-to-grow-between-7-percent-and-9-percent-in-2012-below-the-double-digit-growth-levels-seen-after-the-2009-financial-meltdown-picture-taken-september-5-2012-reuters-giampiero-sposito-italy-tags-fashion-busi-2cy09n3.jpg)
Designer Ermanno Daelli of Italian fashion house Ermanno Scervino (R) checks his creation in the atelier near Florence September 5, 2012. If the luxury industry is growing less this year after enjoying
![Designer Ermanno Daelli of Italian fashion house Ermanno Scervino checks his creations in the atelier near Florence September 5, 2012. If the luxury industry is growing less this year after enjoying nearly Designer Ermanno Daelli of Italian fashion house Ermanno Scervino checks his creations in the atelier near Florence September 5, 2012. If the luxury industry is growing less this year after enjoying nearly](https://c8.alamy.com/compfr/2cwexyj/designer-ermanno-daelli-of-italian-fashion-house-ermanno-scervino-checks-his-creations-in-the-atelier-near-florence-september-5-2012-if-the-luxury-industry-is-growing-less-this-year-after-enjoying-nearly-three-years-of-bonanza-this-not-a-drama-toni-scervino-the-head-of-italian-fashion-house-ermanno-scervino-said-on-september-13-2012-analysts-expect-the-global-luxury-industry-to-grow-between-7-percent-and-9-percent-in-2012-below-the-double-digit-growth-levels-seen-after-the-2009-financial-meltdown-picture-taken-september-5-2012-reuters-giampiero-sposito-italy-tags-fashion-busines-2cwexyj.jpg)
Designer Ermanno Daelli of Italian fashion house Ermanno Scervino checks his creations in the atelier near Florence September 5, 2012. If the luxury industry is growing less this year after enjoying nearly
![Designer Ermanno Daelli and Chief Executive Toni Scervino (R) of Italian fashion house Ermanno Scervino pose in the atelier near Florence September 5, 2012. If the luxury industry is growing less this Designer Ermanno Daelli and Chief Executive Toni Scervino (R) of Italian fashion house Ermanno Scervino pose in the atelier near Florence September 5, 2012. If the luxury industry is growing less this](https://c8.alamy.com/comp/2D0ET42/designer-ermanno-daelli-and-chief-executive-toni-scervino-r-of-italian-fashion-house-ermanno-scervino-pose-in-the-atelier-near-florence-september-5-2012-if-the-luxury-industry-is-growing-less-this-year-after-enjoying-nearly-three-years-of-bonanza-this-not-a-drama-toni-scervino-the-head-of-italian-fashion-house-ermanno-scervino-said-on-september-13-2012-analysts-expect-the-global-luxury-industry-to-grow-between-7-percent-and-9-percent-in-2012-below-the-double-digit-growth-levels-seen-after-the-2009-financial-meltdown-picture-taken-september-5-2012-reutersgiampiero-sposito-italy-2D0ET42.jpg)
Designer Ermanno Daelli and Chief Executive Toni Scervino (R) of Italian fashion house Ermanno Scervino pose in the atelier near Florence September 5, 2012. If the luxury industry is growing less this
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