Ferragamo said revenues fell 7.6 percent, with the firm hit by softening demand in the second half.…
.
Your one-stop source for retail intelligence in Asia
Cucinelli clocks double-digit growth on ‘quiet luxury’ trend in China, Ferragamo fails to impress
Italy’s Ferragamo and Cucinelli announced their respective trading updates for the first nine months of 2023, with Ferragamo posting double-digit declines in Asia and Japan, contrasting to Cucin…
Ferragamo first-half sales fall on Asia Pacific, Japan declines
Italy’s Salvatore Ferragamo announced first-half 2023 revenues totalled EUR 600 million, down 4.8 percent, on the back of double-digit digit declines in Asia Pacific and Japan, respectively.…
Ferragamo, Valentino latest luxury brands to tap Asian star-power
Italy’s Ferragamo and Valentino are the latest luxury fashion brands to appoint Asian celebrities as ambassadors of their respective high-end marques, as big-name brands continue to use local st…
Ferragamo Asia-Pacific sales down on delayed travel retail recovery
Salvatore Ferragamo announced on Thursday total revenues of EUR 278 million (USD 307 million) down 4 percent for the first quarter ending March 31, on the back of a double-digit decline in Asia-Pacifi…
World’s largest duty-free shop set to open in Haikou
The world’s largest duty-free store located in Hainan’s capital city, Haikou International Duty Free City, is ready for its grand opening on October 28. About 280,000 square metres will be devoted to …
Ferragamo Boosts Digital Business through Farfetch Partnership
Through a new global strategic partnership with Farfetch, Salvatore Ferragamo is enhancing its digital capabilities.
The collaboration will give Ferragamo access to Farfetch’s global audience reach to…
Taiwan’s EVA Air collaborates with Ferragamo for new overnight package
Taiwanese carrier EVA Air welcomes its fourth Boeing 787-10 passenger aircraft.…
Ferragamo confirms CEO
The Board of Directors of Salvatore Ferragamo SpA has appointed Micaela le Divelec Lemmi as CEO.…
Salvatore Ferragamo reopens Tokyo store, largest in Japan
Salvatore Ferragamo, one of the leading global players in the luxury sector, has reopened its newly renovated flagship store in Tokyo, making it the largest store in Japan for the Italian brand.…