Hong Kong unrest weighs on Salvatore Ferragamo
14/11/2019
Luxury group Salvatore Ferragamo has reported a 2.3% increase in the nine months to September 30, with revenues reaching €994 million. Sales in China rose 16% but the region was impacted by the ongoing unrest in Hong Kong. Third quarter sales in Hong Kong were 45% lower than in the comparable three months in 2018. Despite this, Asia remains...