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Salvatore Ferragamo

Ferragamo posts weak Q4 sales due to China

2023-01-30T09:45:00+00:00By Philip Webster

Salvatore Ferragamo’s total full-year revenues reached €1.252 billion, up by 10.2 percent year-on-year on a reported basis and by 5.7 percent at constant currency rates. Total revenues were dented by a €25.7 million hedging loss and missed market expectations by about €20 million due to a weak final quarter. The ...

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