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."
Gucci, which represents the bulk of valuation for parent company Kering, is also making a big investment online. After launching its U.S. e-commerce site in 2002, the luxury retailer now operates websites in 28 countries.
For Gucci, the timing couldn't be better. According to a new report from the management consultancy firm McKinsey & Co., online luxury sales are growing twice as fast as the overall market.
"We are actually invested more and more on e-commerce than I would say overall in the digital world and because our intention is to get one single experience to our customer, no matter what is the attach point," he said.
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—By CNBC's Donna Burton.