Revenue down at Ferragamo but footwear sales rise
04/08/2016
Luxury brand Salvatore Ferragamo reported a 1.7% drop in revenue to €710 million in the first half of 2016, on which it achieved a net profit of €90 million. Revenue in the second quarter of the year was down 2% to €389 million. Despite an overall drop in revenue, sales of shoes registered a 1% increase in sales in the first half of the year. In...
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