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Leathergoods and shoes drive Ferragamo’s profit rise

15/11/2012

Fashion house Salvatore Ferragamo has benefitted from tourists shopping in Europe and its expansion in Asia, continuing the trend of luxury goods growth during the recession, as its sales rose 18% for the first nine months of the year. Global sales reached €832.6 million to the end of September and net profit was €84.7 million, with 75% of...

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