Ferragamo confirms revenue decline for 2025 Ferragamo, photo: Marina Shumilina
18.03.2026 1222

Ferragamo confirms revenue decline for 2025

Italian luxury group Ferragamo's revenue in 2025 totaled €977 million, a decrease of 3,8% excluding currency fluctuations and 5,7% at current exchange rates compared to the previous year. The main reasons for the sales decline, which was observed in the wholesale segment, were the restructuring of the group's distribution network, the challenging wholesale market, and a change in the brand's positioning, according to Worldfootwear.com.

Compared to 2024, direct-to-consumer (DTC) sales remained stable, growing by 0,4% on a currency-neutral basis. However, the wholesale channel continued to decline as the company optimized its distribution network.

The recently published financial results also indicate a decline in profitability during the group's transition period. Full-year gross profit reached €665 million, down 10,1% from €740 million in the previous year, due to the negative impact of exchange rates and lower revenues from previous periods. EBITDA was €166 million, down from €215 million.

In 2025, Ferragamo reported adjusted earnings before interest and taxes (EBIT) of €24 million and an adjusted net loss of €3 million. Nevertheless, Ferragamo maintained a strong financial position, ending the year with a positive net financial result of €144 million.

 

Italian luxury group Ferragamo's revenue for 2025 was €977 million, down 3,8% on a currency-neutral basis and 5,7% at current exchange rates compared to the previous year.…
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