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Ferragamo takes first-half hit

17/09/2020
Ferragamo takes first-half hit

Some employees lost their jobs and rents were renegotiated as part of an “initial streamlining of costs”.

The group temporarily closed its Sesto Fiorentino manufacturing hub, which supplies markets all around the world and ships e-commerce orders in Europe. It also delayed production orders due to new business forecasts. 

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