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Ferragamo captures new European customers but Asia falters

17/10/2024
Ferragamo captures new European customers but Asia falters

Italian leathergoods brand Salvatore Ferragamo has reported a 7% fall in third quarter revenues to €221 million.

Ferragamo CEO Marco Gobbetti said the “challenging macroeconomic and consumer environment” had affected sales, particularly in Asia-Pacific, where there had been lower footfall in stores.

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