The Ferretti Group's annual press conference at the Yacht & Brokerage Show in Miami Beach sent the message that three years after a Chinese commercial machinery company acquired the Italian yacht builder, it is emerging on an equal footing with competitors.

"We are here to stay. The group is alive and kicking as never before," a defiant group CEO Alberto Galassi said at a Thursday morning press conference. "Before we were weak against competitors," he added, using the soccer analogy of eight players having to compete against a full team of 11. "Now we are 11 versus 11."

Read more

Source: http://www.tradeonlytoday.com/