China’s love for Salvatore Ferragamo grows - footwearbiz: Leading site

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China’s love for Salvatore Ferragamo grows

02/08/2019
China’s love for Salvatore Ferragamo grows
Strong sales growth in China means Asia Pacific is now the most important region for Italian footwear and leathergoods group Salvatore Ferragamo after seeing a 16% increase in the country in the first half of this year.

Globally, sales grew 4.6% compared with the first half of 2018 to €705 million.

Sales in Europe, the Middle East and Africa increased 3% while those in North America fell 0.3%.

In terms of categories, footwear sales increased 4% and handbags and leather accessories rose 6.8%.

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