News

Ferragamo confirms profit dive

11/03/2025

Italian footwear and leathergoods brand Salvatore Ferragamo has confirmed a more than 50% reduction in profit for 2024 to €35 million, and a 10% drop in revenues to €1bn. The group attributes the drop to a complex market context, ongoing geopolitical tensions and macroeconomic uncertainties, impacting the demand for luxury goods.  Asian markets...

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