Ferragamo may be turning the corner

Salvatore Ferragamo reported a 25.5 percent drop in its 2018 net profit excluding minority interests to €88.4 million and also cut its annual dividend to €0.34 per share from €0.38 a year earlier. As already reported (Shoe Intelligence Vol. 21 N° 3+4 of Feb. 9), the company's revenues for the ...

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