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Demand in Asia pushes Ferragamo’s profit up 30%

26/03/2013

Italian shoemaker Salvatore Ferragamo forecast a rise in revenues and profits this year after demand in Asia helped lift its 2012 net profit by 30% to $137 million. Revenues at the Tuscan-based group grew 17% to EUR 1.15 billion last year, showing significant growth in all geographical areas, product lines and distribution channels. Footwear...

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