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Ferragamo chairman rejects talk of sale

21/03/2018

The chairman of Italian footwear and leathergoods group Salvatore Ferragamo, Ferrucio Ferragamo, has said selling the company is “out of the question”. He made the comments after Ferragamo confirmed a 3.1% fall in revenue in 2017. Its core profit for the year fell 23%. Mr Ferragamo has taken on temporary managing control of the group following...

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