Italy
Prada’s weak results
According to Bloomberg Prada has failed to meet its own earnings forecasts in 11 of the past 12 quarters. This was aggravated by profit margin shrinking from 27% in 2012 to 14% last year
Ferragamo with another year of growth
Positive performance of one of the global leaders in the luxury sector was spread across revenue and net profit
Sales up by 7.4% at Tod's
The Italy-based luxury goods group has reported good results for its leather goods (+1.1%) and apparel (+2.3%) segments, with shoes and handbags (+9.2%) largely contributing to the consolidated sales growth of 7.4% in 2015
Ferragamo Group fights counterfeiting
The Italy-based group has announced thousands of actions carried out in 2015. A new microchip will start to be embedded in Ferragamo shoes and leather goods with an aim to make counterfeiting more difficult
theMicam with positive balance
The Milan-held trade fair has received 32 703 visitors (+1.8%). International buyers deserved highlight, as signs of recovery are seen, according to the Italian Footwear Association
Visitors at Expo Riva Schuh up by 4.4%
The eighty-fifth edition of Expo Riva Schuh closed on the 19th of January. Organisers stated contentment with the high number of first-time visitors to the event
Pitti Uomo with record-breaking edition
The organization of the Florence-based trade fair has announced another record-breaking edition event. 1 219 brands attended Pitti Immagine Uomo
Ferragamo consolidates revenue
As of the 30th of September, the group has posted total revenue of 1 021 million euros, up by 7% at current exchange rates. Revenue growth at constant exchange rates was 1%
Kering closes the sale of Sergio Rossi
The Kering group has completed the sale of the Italian luxury shoemaker to InvestIndustrial
Tod’s consolidates sales
The Italy-based luxury goods group announced 3.1% growth in third quarter sales. For the nine months period sales increased by 5.1%
Geox plans to open 350 stores in China
The Italy-based shoemaker has signed a distribution agreement with Hong Kong listed Pou Sheng International to set up more than 300 stores in Mainland China by 2020
Tod’s acquires Roger Vivier trademark for 415 million euros
The seller, Gousson, an Italian company controlled by Diego and Andrea Della Valle, will reinvest 207.5 million euros in Tod’s through a reserved capital increase
Geox with 6.1% growth in turnover
The Italy-based company announced the results for the first nine months of the year. Sales and profitability up in the period
Italy to continue investing in the Russian market
The statement occurred as the Italian Footwear Association reflected on the last edition of the Obuv Mir Koži trade fair. Italian exports to the region are showing a downward trend
Revenue growth continues at Ferragamo
One of the key players in the luxury sector has presented its consolidated results for the six months period ended at the 30th of June 2015. Growth continues at the Italian group-
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