Asia-Pacific proves strong for Ferragamo

21/03/2016
Italian footwear company Salvatore Ferragamo has reported a 7% rise in 2015 revenues to €1.4 billion.

About 36% of sales occurred in the Asia-Pacific, the group’s top market, an increase of 4%. Sales in China rose 10%.

European revenues rose 7%, those in North America 9% and sales in Japan grew 14%, mainly due to Chinese tourists’ purchases.

At the end of the year, the group operated 391 stores and 271 third party-operated stores, as well as outlets in department stores and high-end multi-brand stores.