Tag: $Salvatore Ferragamo

Revenues at Ferragamo down 17% in Q1, hit by China

Revenues at Italian luxury group Salvatore Ferragamo  fell 16.6% at constant exchange rates in the first quarter, with China proving difficult and amid a general slowdown in sales in all geographies and channels.

Ferragamo sales improve in February after weak start to year

Sales at Salvatore Ferragamo continued to weaken year-on-year in January after dragging operating profit down 44% profit in 2023, but stabilised in February, the chief executive of the Italian luxury goods group said on Wednesday.