Ferragamo news and archive

Salvatore Ferragamo: Weak DTC business results in negative quarterly results

Italian fashion house Salvatore Ferragamo S.p.A. reported a slight drop in revenue in the first quarter of the current financial year. This result was primarily due to the negative consumer climate in the Asia-Pacific region and the weak performance of the direct-to-consumer (DTC) business. As of March 31, group revenue amounted to 221 million...

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Volatile China market impacts Salvatore Ferragamo's Q1

Salvatore Ferragamo Group’s revenues of 227 million euros were down 18.3 percent at current exchange rates and 16.6 percent at constant exchange rate. In a statement, the company attributed the negative DTC performance to January trading and a volatile consumer environment in Greater China. The wholesale channel, Ferragamo added, was penalised...

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Ferragamo appoints Pierre La Tour as Group CFO

Salvatore Ferragamo has appointed Pierre La Tour as Group CFO, effective March 18, 2024. The company said in a release that La Tour has also been designated by the company's board of directors as manager with strategic responsibilities, due to the prerogatives and tasks assigned to him related to the areas of administration, finance, control and...

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Video: Ferragamo SS24

In this video you can see Ferragamo’s SS24 collection presented at Milan Fashion Week. FF Channel via Youtube Promotion Read more about Ferragamo on their brandpage

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Ferragamo unveils ‘new direction’ in Renaissance campaign

Italian luxury label Ferragamo has revealed “a completely new direction” for the brand via a new Renaissance campaign that reconnects it to its Florence roots. Through the use of paintings courtesy of the city’s Le Gallerie delgi Uffizi, Ferragamo looked to reference its “rebirth” while further linking to the Italian Renaissance, a period in...

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Will Maximilian Davis's sophomore collection for Ferragamo deliver sales?

Maximilian Davis showed his sophomore collection for Ferragamo last week. For a young designer at just 27 years old, there is an undeniable pressure to power the revamp under chief executive Marco Gobbetti, and deliver a collection that generates sales and resonates in a crowded luxury landscape. Davis’s first collection for the Florentine house...

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Salvatore Ferragamo revenues increase as Europe shines

Italian luxury label Salvatore Ferragamo has reported a 17.2 percent increase in revenue in the first nine months of the year as strong sales in Europe offset a weak performance in China. The Florence-based brand made revenue of 921 million euros in the period, up from 785 million euros a year earlier. At constant exchange rates, revenue...

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Bottega Veneta stands out in a week of contrasts

Milan fashion week was a city of contrasts. There were debuts at Salvatore Ferragamo, Missoni, Bally and Etro, a seventy year anniversary at Moncler, and a sophomore landing at Bottega Veneta. At Ferragamo, the ‘Salvatore’ was dropped in favour of a more contemporary, if familiar logotype, under incoming designer Maximillian Davis. Shown on the...

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Ferragamo H1 revenue up 20 percent, profits widen

Italian luxury label Salvatore Ferragamo has reported an increase in revenue and profit in the first half of the year despite “the enduring impact of the pandemic in China”. In the six months to June 30, revenue at the Florence-based brand came in at 630 million euros, up 20.3 percent year-over-year, or up 17 percent on a constant currency...

Fashion

Ferragamo launches recyceld sneaker

Italian fashion brand Ferragamo has launched a sustainable unisex sneaker for its autumn/winter 2022 collection, combining responsible and high-tech materials to create a “lightweight and comfortable model with a luxurious vintage look”. Image: Ferragamo The sneaker features a slim silhouette and bright colours, and uses fabric elements...

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Marco Gobbetti to revive Ferragamo after unexpected Burberry exit

When Burberry announced the unexpected departure of CEO Marco Gobbetti this week there was no mention of his taking the reins elsewhere. Gobbetti is leaving the UK, not just to return to his native Italy, but also to revive the Italian maison Ferragamo. Back in April when Ferragamo let its chief designer Paul Andrew go, there was no hint as to a...

Fashion

Paul Andrew to exit Ferragamo

British designer Paul Andrew is to exit his role as creative director at Ferragamo. A successor has not yet been announced. Andrew joined the company in 2016 in charge of women’s footwear and later became the head creative for all categories, including ready-to-wear. The Italian luxury house, best known for its shoes and accessories, will show...