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Ferragamo's Q1 Revenue Declines

13/05/2024
Ferragamo's Q1 Revenue Declines

Italian shoe and leathergoods brand Salvatore Ferragamo, has reported a decline of 16.6% in revenue at constant exchange rates in the first quarter, according to a report by Reuters. The sales slowdown was observed across all geographies and channels, with China being a challenging market. Chief Executive Marco Gobbetti said, "Our performance...

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