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Asia slow down in growth for Ferragamo

Asia slow down in growth for Ferragamo

 For the first time in over 5 years, Italian luxury house of Salvatore Ferragamo registers negative results in Asia. While global sales saw a 9,1% increase in 2013 compared to 2012, the growth rate in Asia dropped to 10 per cent from 18 per cent in 2012. European sales posted an increase of 13 per cent, compared to the same period in 2012 (+18 per cent in 4Q 2013).

 

(Source: cpp-luxury.com)