Salvatore Ferragamo news and archive

Salvatore Ferragamo posts sales decline in Q1

For the first quarter, the Salvatore Ferragamo Group reported revenues of 278 million euros down 4 percent at current exchange and down 6.5 percent at constant exchange rates. The company’s retail distribution channel posted a decrease in first quarter net sales of 2.3 percent or 2.4 percent at constant exchange rates, mainly penalised by a...

ManagementFeatured

Salvatore Ferragamo FY revenue up 10 percent, but profits narrow

Salvatore Ferragamo has reported a drop in profit in its most recent full-year results despite a 10.2 percent increase in revenue. Net profit at the Italian luxury group came in at 65 million euros in 2022, down from 81 million euros a year earlier. That came despite group revenue increasing 10.2 percent to 1.25 billion euros. At constant...

People |OPINION Featured

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...

ManagementFeatured

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...

ManagementFeatured

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...

BusinessFeatured

Salvatore Ferragamo announces strategic partnership with Farfetch

Italian fashion house Salvatore Ferragamo is teaming up with luxury platform Farfetch to reinforce its omnichannel strategy, while accelerating its digital capabilities and creating new engaging shopping experiences with a Millennial and Gen Z luxury audience. The two companies said that the global strategic partnership would allow the Italian...

Culture

“Women in Balance” exhibition features Wanda Ferragamo, fashion and post-war years

Since Friday, 20th May, a new exhibition entitled “Women in Balance” is on display at the Ferragamo Museum in Florence. Using the example of Wanda Ferragamo, wife of Salvatore Ferragamo and founder of the eponymous brand, the exhibition traces the social changes experienced by women on their way to emancipation between the end of the 1950s and...

People

Salvatore Ferragamo appoints new creative director, Maximilian Davis

Italian luxury brand Salvatore Ferragamo has announced it will be welcoming Maximilian Davis as its new creative director, effective March 16. The Manchester-born designer and London College of Fashion graduate founded his eponymous brand in 2020, immediately garnering international recognition. Davis bases his inspiration around his...

Fashion

Paul Andrew to relaunch namesake shoe brand after Ferragamo exit

British designer Paul Andrew is relaunching his namesake shoe brand for AW22. Andrew, who is based in New York, most recently held the role of creative director at Italian luxury house Salvatore Ferragamo. Andrew had put his own label on hold, as often happens when designers take on time consuming consultancies. Andrew, in an interview with...

Video

Video: Salvatore Ferragamo releases holiday campaign film

In this video, fashion label Salvatore Ferragamo has presented its holiday collection in a short film, called Movie O' Clock. Watch the video below. Video: Salvatore Ferragamo via YouTube Photo credit: Image: Salvatore Ferragamo via YouTube

ManagementFeatured

Salvatore Ferragamo swings to profit in the nine month period

As of September 30, 2021, the Salvatore Ferragamo Group reported total revenues of 785 million euros, up 33.9 percent at current exchange rates and 35.3 percent at constant exchange rates. Revenues in the third quarter registered a 17.1 percent increase at current exchange rates and 17.4 percent at constant exchange rates. The pre-tax profit in...