10.2Percent Tag

MILAN — Salvatore Ferragamo SpA’s chief executive officer and general manager Marco Gobbetti expressed satisfaction with the preliminary 2022 sales reported on Thursday, at the tip of his first 12 months leading the Florence-based luxury house. “During 2022, we set our strategic framework and commenced making excellent progress on our priorities,” said Gobbetti, who joined the Florence-based company in January last 12 months from Burberry, and appointed Maximilian Davis as creative director in March. Within the 12 months ended Dec. 31, revenues amounted to 1.25 billion euros, up 10.2 percent compared with 1.12 billion euros in 2021. At constant exchange, sales grew 5.7 percent. “Notwithstanding the start of our strategic refocusing, 2022 has also been one other 12 months of growth in revenues,...