Double-digit worldwide growth for Ferragamo
04/02/2014
Footwear revenues increased 8% while leathergoods grew 18%, making up three-quarters of group sales.
All geographical areas, with the exception of Japan, registered a double-digit growth in turnover.
Asia-Pacific represented 37% of sales, up by 10%, while Chinese retail grew 20% growth compared with the same period in 2012.
Ferragamo employs 3,000 and owned a network of 620 single-brand stores as of 31 December
2013.
Rival luxury leathergoods brands, including Burberry and Louis Vuitton, have also reported strong growth recently, with the exception of UK-based Mulberry which last week issued a profit warning.
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