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Slowdown for Ferragamo

06/02/2018
Italian footwear and accessories group Salvatore Ferragamo has posted a 3.1% decline in revenues to €1.4 billion for 2017, which it attributes to negative exchange rates and less discounted stock.

Asia-Pacific remains the top market but was affected by political tensions in South Korea and “strategic rationalisation” in Japan. 

Sales in almost all regions – with the exception of China and South America – fell by a low percentage compared with 2016. 


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Ferragamo family reduces its stake in luxury group 22/06/2018
Search for chief executive continues for Ferragamo 23/04/2018
Ferragamo chairman rejects talk of sale 19/03/2018
New Ferragamo workshop will ‘preserve heritage’ 12/12/2017
Wholesale drags down revenue at Salvatore Ferragamo 20/11/2017
New creative direction for Ferragamo’s women’s collections 09/10/2017
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Ferragamo re-opens Hong Kong boutique 04/08/2017
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