Chinese snap up Ferragamo shoes

02/02/2016
Chinese snap up Ferragamo shoes
Italian shoe brand Salvatore Ferragamo has reported a 7.4% rise in sales for 2015 to €1.4 billion, driven by sales in Asia-Pacific.

The region accounted for 36% of sales, up by 4%, with sales in China growing 10% against 2014.

Sales in Europe grew 7%, by 9% in North America and 14% in Japan.

Ferragamo employs 4,000 and operates 660 mono-brand stores.