Ferragamo at pre-covid levels outside Europe

23/07/2021
Ferragamo at pre-covid levels outside Europe

Italian footwear and leathergoods group Salvatore Ferragamo has reported a strong first half, with revenues up 44% to €524 million.

While an increase was expected – as many stores were closed during the first half of 2020 – the group said many stores are still closed, in fact, as of the end of June, only half its stores were open. 

Despite this, the shoes and leather categories grew 43% and 45% compared with the first half of last year.

In Greater China, North America, Latin America and Korea, sales exceeded pre-covid levels, including a 103% rise in revenues for North America.