Salvatore Ferragamo news and archive

Salvatore Ferragamo's 2025 revenue declines to 977 million euros

Salvatore Ferragamo has reported its preliminary consolidated group revenue figures for the 2025 financial year and for the fourth quarter. In the fourth quarter of 2025, preliminary consolidated revenues were 282 million euros (338 million dollars). This represents a decrease of 2 percent at constant exchange rates and 3.2 percent at current...

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Salvatore Ferragamo: Q3 revenue stabilises

The Italian fashion group Salvatore Ferragamo SpA slowed its downward trend in the third quarter of the 2025 financial year. This was revealed in the latest sales figures published by the company on Thursday evening. In the period from July to September, group revenue amounted to 221 million euros. This figure remained unchanged compared to the...

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Pierre La Tour steps down as Ferragamo CFO

Italian fashion house Salvatore Ferragamo S.p.A. and chief financial officer (CFO) Pierre La Tour are parting ways. La Tour will step down from his post to "pursue new professional opportunities in another business sector", Salvatore Ferragamo announced on Thursday. He submitted his resignation, effective 26 September. Ferragamo veteran takes...

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Salvatore Ferragamo stock: is it undervalued?

Salvatore Ferragamo (SFER.MI) stock is attracting growing interest in the financial markets, despite recent lacklustre financial performance. This dynamic raises questions about the reasons for this sustained attention and the company's current valuation. Attractive valuation, fragile fundamentals As of August 19, 2025, Salvatore Ferragamo stock...

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Ferragamo revenue down 9.4 percent amidst challenging market conditions

Salvatore Ferragamo reported revenue of 474 million euros down 9.4 percent compared to the first half of 2024, and down 7.1 percent at constant exchange rates, for the first six months of the year. Overall revenue was impacted by the wholesale channel, which reported revenue of 105 million euros, down 17.9 percent or down 14 percent at constant...

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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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Salvatore Ferragamo closes FY 2024 with revenues down 10.5%

The market context, characterized by a particularly difficult first part of the year, had a negative impact on the financial results of the entire year, both in terms of revenues and profitability of Salvatore Ferragamo spa. Revenues at 1,035 million euros (-10.5% compared to 1,156 million euros in the 2023 financial year, 8.2% at constant...

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Marco Gobbetti: Who is the manager that transformed Burberry and Ferragamo?

The news of Marco Gobbetti's departure from Salvatore Ferragamo, a company that in 2022 recruited him, in place of Michaela le Delivec, as CEO and general manager, arrived yesterday, in the late afternoon. The manager, born in Vicenza in 1958, has an international profile and a very long experience in Italian, French and English fashion brands,...

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Salvatore Ferragamo parts ways with CEO Marco Gobbetti

Salvatore Ferragamo has announced that Chief Executive Officer Marco Gobbetti will step down on 6 March 2025, following a mutual agreement with the company's board. This decision comes less than a year after the luxury fashion house extended Gobbetti's tenure until 2026. Gobbetti assumed leadership of the Florentine brand in January 2022,...

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Ferragamo's Q4 revenues decline, weakness in Asia-Pacific persists

Salvatore Ferragamo, the Italian luxury group, reported fourth-quarter revenues of 291 million euros, a decline of 4 percent. Positive performances in Europe, the U.S., Japan, and Latin America partially offset continued weakness in the Asia-Pacific region. Sales in the Asia-Pacific market dropped by 24.8 percent, with both direct-to-consumer...

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Ferragamo sales decline amid weak consumer demand in Asia Pacific

In the third quarter, Salvatore Ferragamo’s revenues amounted to 221 million euros, down 7.2 percent at constant exchange and down 9.6 percent at current exchange rates penalised by a weak Asia Pacific market, secondary channel and wholesale environment. In the nine month period, revenues amounted to 744 million euros, down 9.8 percent at...

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Chinese giant Alibaba is courting Italian luxury houses

Chinese conglomerate Alibaba Group Holding's Lazada is eyeing Italian luxury houses such as Giorgio Armani and D&G, in a bid grow e-commerce sales to 100 billion dollars by 2030. Having premium European fashion and design brands in its portfolio would stave off other Asian competitors, reported Bloomberg. The company's executives recently...