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Ferragamo 2022 Results: Revenue up 10.2% to €1.252 Million; Asia-Pacific Slowdown Largely dragged by Chinese Market

1月 30, 2023

January 26, Florence-based Italian luxury brand Ferragamo (Former name: Salvatore Ferragamo) announced preliminary financial results for the 2022 fiscal year ended December 31, 2022: In FY 2022, Revenues amounted to 1.252 million Euros, up 10.2% at current exchange rates and up 5.7% at constant exchange rates vs. FY 2021.

Marco Gobbetti, Chief Executive Officer and General Manager of Salvatore Ferragamo S.p.A commented, “During 2022, we set our strategic framework and started making excellent progress on our priorities. Maximilian Davis debut fashion show generated a strong endorseme …

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Ferragamo’s 2023 Revenue Drops 8% to €1.16 Billion, Sees Growth in Greater China Q4 Sales
China Watch Financial Summary

Ferragamo’s 2023 Revenue Drops 8% to €1.16 Billion, Sees Growth in Greater China Q4 Sales

As of December 31st, 2023, Ferragamo’s net sales for the fiscal year 2023 decreased by 11.1% year-on-year to 1.12 million euros (calculated at a fixed exchange rate: -8.4%).

1月 31, 2024
Ferragamo Group FY2022 Revenue Rose 10.2% to €1.25 Billion, with Mainland China Starting Well in 2023
Financial Summary

Ferragamo Group FY2022 Revenue Rose 10.2% to €1.25 Billion, with Mainland China Starting Well in 2023

On the following analyst’s call, , Chief Executive Officer and General Manager Marco Gobbetti said sales in mainland China at the start of the year were also encouraging.

3月 05, 2023
Brunello Cucinelli Reports 26% Revenue Growth Last Year, Says “China Represents a Great Opportunity”
China Watch Financial Summary

Brunello Cucinelli Reports 26% Revenue Growth Last Year, Says “China Represents a Great Opportunity”

Brunello Cucinelli’s outlook suggests that the company’s full-year revenue for 2024 is expected to grow by approximately 10%, while maintaining a healthy and balanced profitability.

3月 19, 2024