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2 Mar

Ferragamo Posts 2022 Sales Gain, on Track With Strategic

by Beauty Tips
Fashion, Featured
Ferragamo Posts 2022 Sales Gain, on Track With Strategic
Ferragamo Posts 2022 Sales Gain MILAN — Ferragamo is “fully on the right track on all its strategic priorities,” as the corporate posted one other 12 months of growth in revenues. This was achieved “amid a fancy and volatile macroeconomic environment, through which we focused on the standard of sales in our retail network, progressed on the optimization of the wholesale channel, and increased investments within the second half, as planned,” said the corporate’s chief executive officer and general manager Marco Gobbetti during a conference call with analysts on Thursday evening. Last 12 months, the Florence-based company reported a ten.2 percent increase in sales to 1.25 billion euros, compared with 2021. Within the 12 months ended Dec. 31, net profit, including a minority interest,...
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26 Jan

Ferragamo 2022 Revenues Climb 10.2 Percent

by Beauty Tips
Fashion, Featured
Ferragamo 2022 Revenues Climb 10.2 Percent
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,...
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