Ferragamo’s operating margins improve sharply in Q1
In the first quarter, Salvatore Ferragamo saw revenues grow by 10.3 percent year-on-year to €244.6 million, missing market expectations by about €1 million. At constant currency rates, the top line increased by 13.0 percent driven by China, which rebounded strongly after bearing the brunt of the Covid-19 outbreak in the ...
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