World Footwear

Ferragamo

Ferragamo posts revenue decline

May 15, 2024 / Italy
The Italy-based luxury group saw its revenue fall by 18% year-over-year in the first quarter of the year, mainly due to a weak Chinese market and a difficult wholesale environment

Marco Gobbetti confirmed as CEO of Ferragamo

Apr 26, 2024 / Italy
The Italy-based luxury group has confirmed the appointment of Marco Gobbetti as Chief Executive Officer and General Manager of the luxury company until the end of 2026

Luxury hit the brakes in 2023

Premium ContentApr 16, 2024 / World
Ahead of the 2024 first quarter results, here’s a look at the sales figures reported by the world’s major luxury players in 2023, which were in general affected by a slowdown in luxury demand

Ferragamo reports decreasing full year revenue

Jan 31, 2024 / Italy
The luxury group has warned of a slowdown in luxury demand, with preliminary consolidated revenue for 2023 down by 7.6% at current exchange rates and 8.1% at constant exchange rates year-on-year

Ferragamo acquires minority stake in three Greater China joint ventures

Nov 2, 2023 / Italy
The Board of Directors of the luxury group has announced the purchase of the minority interests held by Imaginex Holdings and Imaginex Overseas in the three Greater China joint ventures

Ferragamo posts net sales decline

Oct 23, 2023 / Italy
In the first nine months of 2023, the luxury group posted a net sales decline of 8.3% at current exchange rates or 9.2% at constant exchange rates, as compared to the same period of 2022

Ferragamo's revenue and profit dropped in the first half

Aug 11, 2023 / Italy
The luxury group reported a 4.8% fall in revenue in the first half of 2023, as compared to the same period of 2022. In addition, net profit for the period plunged by 65.4% year-on-year

Ferragamo's CFO resigns

Aug 9, 2023 / Italy
Alessandro Corsi, the manager overlooking Salvatore Ferragamo's financial reporting, resigned and will terminate his employment agreement with the company on the 30th of September, 2023 to take on a new professional challenge

Ferragamo reports a weak first quarter

Apr 26, 2023 / Italy
The luxury group reported a 4.0% year-over-year revenue decline in the first quarter of 2023, saying that the release of its new collection has not yet helped the brand’s relaunch

Ferragamo confirms full year 2022 results

Mar 13, 2023 / Italy
The Italian-based luxury group recorded revenue growth of 10.2% in 2022 over the prior year, reaching 1.25 billion euros, with sales growing in all regions except for Asia Pacific

Ferragamo reports full year revenue growth

Feb 1, 2023 / Italy
The Italian-based luxury group has announced preliminary consolidated results for the year 2022. Sales grew in all regions, except for Asia Pacific, due to a COVID-19-related slowdown in China

Ferragamo continues to grow

Nov 10, 2022 / Italy
The Italian-based luxury group posted a revenue increase of 17.2% and a net profit growth of 69.2% in the first nine months of the year, as compared to the same period of 2021

Ferragamo reports solid first half

Sep 12, 2022 / Italy
The Italian-based luxury group posted revenue and profits growth in the first half of the year, as compared to the same period of last year, "despite the enduring impact of the pandemic in China"

Ferragamo partners up with Farfetch to reach younger generations

Sep 5, 2022 / Italy
The Italian luxury group is partnering up with the online luxury retailer to boost its digital innovations capabilities and "engage in conversation" with Millennial and Gen Z shoppers

Ferragamo opens NFT booth in Soho's concept store

Jul 4, 2022 / Italy
The space, conceived as a new retail experience and creative hub, includes a hologram sneaker customization tool and an immersive NFT boot that allows customers to create their digital artwork
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