Soho
Ferragamo is optimistic about the future
16.11.2012 2799

Ferragamo is optimistic about the future

The Italian shoe company Salvatore Ferragamo expects positive financial results for the 2012 year, based on the results of work over the past 9 months. Revenue growth for the reporting period amounted to 8% - largely due to the seasonal flow of tourists.

Salvatore Ferragamo announced an increase in net profit for 9 months to 84,7 million euros.

In Europe, revenue growth for the third quarter was 15,7%, despite the economic instability in Italy and Spain.

Worldwide sales for the 9 months (ending in September) increased by 18,7% to 832,6 million euros. Pre-tax profit amounted to 157 million euros (+ 18,6%). Based on materials from fashionunited.ru.

The Italian shoe company Salvatore Ferragamo expects positive financial results for the 2012 year, based on the results of work over the past 9 months. Revenue growth for the reporting period amounted to ...
5
1
Rating

Latest News

Future owner of French footwear brand Clergerie to be chosen this month

After bankruptcy proceedings began against the French luxury shoe brand Clergerie on March 29, a new owner of the brand will be appointed by a court decision on June 14, writes Shoe…
05.06.2023 24

Stefano Gallici appointed as new creative director of Ann Demeulemeester

Approximately ten days after announcing the departure of Ludovic de Saint-Sernin as creative director of Ann Demeulemeester, the Antonioli Group, which owns the luxury brand, has found a replacement for the departed head inside the company, writes ...
02.06.2023 264

Bally has appointed a new creative director

Half a month after Ruigi Villaseñor stepped down as creative director of Swiss luxury clothing, footwear, bags and accessories brand Bally, he was replaced by Simone, a designer with 16 years of experience at Gucci.
02.06.2023 214

Footwear brand Melissa has opened a pop-up store at Galleries Lafayette in Paris

Brazilian fruit-flavored plastic footwear brand Melissa has opened a pop-up space for the second year in Galleries Lafayette, one of the most fashionable department stores in Paris. This year, to draw attention to the project on the pediment…
01.06.2023 266

Ekonika presented models made of eco-leather based on coffee pomace

The Russian brand of shoes and accessories "Ekonika", following the global trend for responsible production, has released a capsule collection of shoes, which includes mules made from eco-leather based on coffee pomace, - writes ...
01.06.2023 306
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning