Despite worries about a slowdown in China and U.S. luxury sales, Gucci CEO Patrizio di Marco told CNBC on Wednesday he is confident the future of the industry remains bright, particularly in the U.S.
"There's been some slowdown (in the U.S.), but this is a very important market in the luxury industry. It accounts for over 30 percent of the worldwide luxury market. It's a very young market and a market that will grow," he said in an interview with "Closing Bell."
In Europe, di Marco is keeping an eye on tourism, which he said accounts for 50 percent of sales and has been "difficult recently with the Ukraine crisis."