Feedback Here

fbook  tweeter  linkin YouTube
Global contents also translated in Chinese

Salvatore Ferragamo net benefit up two per cent

Salvatore Ferragamo closed the first half of 2019 with a net benefit 2.3 per cent more than the same period last year. Sales rose 14.6 per cent during the period. Licenses and services rose 22.3 per cent while wholesale rose 7.4 per cent. Retail, on the other hand, grew 3.6 per cent in the first half. By regions, Asia Pacific and Latin America had a rise of 8.1 per cent and 13.4 per cent respectively. In Japan and North America, Salvatore Ferragamo had rises of 0.1 per cent and 0.4 per cent respectively. In Europe, revenue of the group rose three per cent. Leather goods grew 6.9 per cent while footwear and fragrances rose 4.1 per cent and 7.8 per cent respectively. Ready-to-wear, on the other hand, had a drop of 3.3 per cent.

The company has 661 points of sales, of which 397 are directly operated stores and 264 third-party operated stores. Salvatore Ferragamo, based in Italy, is one of the world’s leaders in the luxury industry. The group is active in the creation, production and sale of shoes, leather goods, apparel, silk products and other accessories, along with women’s and men’s fragrances. The group's product offer also includes eyewear and watches.

 
LATEST TOP NEWS
 


 
MOST POPULAR NEWS
 
VF Logo