Ferragamo’s Q1 sales slip but profitability rises

Salvatore Ferragamo reported a 1.8 percent drop in its first-quarter results to €321.5 million, due to a decline in its retail business. At constant currency rates, the top line fell by 2.4 percent. Sales at Ferragamo's own retail sales around the world declined to €191.7 million, down by 3.6 percent ...

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