In Greater China, we currently expect to achieve year-on-year growth of more than 25% for the full year.
Global net new customers exceeded 3.7 million, with the number of Generation Z consumers increasing significantly year on year.
In the fourth quarter, the DTC channel achieved positive growth in South Korea, the Chinese Mainland, and Southeast Asia.
In the first nine months of this year, Ferragamo Group reported total revenue of €695 million, representing a year-on-year decline of 4.5% at constant exchange rates and a 6.6% decline at current exchange rates.
In 2003, the first group of Chinese companies began participating in this international trade show, marking over 20 years of involvement to date.
Following the acquisition of the century-old Spanish leather company Colomer 1792 in 2009, the acquisition of Ausonia represents another milestone in the company’s globalization strategy.
GUCCI The Italian luxury brand GUCCI, under France’s Ke […]
Tapestry Group’s fiscal year 2024 sales revenue grew by 1% on a constant currency basis, with Coach’s sales surpassing $5 billion for the first time, setting a new record.
In 2023, Longchamp also renovated its online store. The brand’s online sales increased by 56% in 2023.
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%).