Ferragamo
Ferragamo acquires minority stake in three Greater China joint ventures
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
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
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
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
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
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
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
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
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
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
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
Ferragamo posts revenue growth
The luxury group reported a revenue increase of 23.2%, reaching 289 million euros, in the first quarter of 2022. Growth in Asia-Pacific slowed down due to COVID-19 outbreaks in China
Ferragamo announces preliminary results for full year 2021
The Italian-based luxury group has reported revenue growth of 29.6%, reaching 1.14 billion euros, as compared to 2020. Footwear and leather goods sales represented the main share
Ferragamo with new eco-friendly collection for Farfetch.com
Italy-based fashion house Salvatore Ferragamo created an eco-friendly collection, called Salvatore Ferragamo Icon-Up, which is being launched exclusively on Farfetch.com
Ferragamo reports solid growth
The Italian-based luxury group announced revenue growth of 33.9% in the first nine months of 2021, reaching 785 million euros, driven by sales in the United States and Asia Pacific region-
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