Chinese demand for Italian shoes boosts Ferragamo - footwearbiz: Leadi

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Chinese demand for Italian shoes boosts Ferragamo

17/11/2015
Chinese demand for Italian shoes boosts Ferragamo

Revenues at Italian footwear brand Salvatore Ferragamo rose 7% in the first nine months of the year to €1 billion.

Sales in China rose 10% and the country was the top-performing market.  Europe posted an increase of 7% and the retail channel saw double-digit growth, despite the closure of the two stores in Rome’s Leonardo Da Vinci airport.

The wholesale business, negatively impacted by the geopolitical tensions in Eastern Europe, saw a stable turnover.

The group employs 4,000 and operated 650 mono-brand stores


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