
Revenues at Italian luxury group Salvatore Ferragamo beat market forecasts in the first quarter despite a decline in retail sales in China, and the group said it expected to double sales in the medium term.
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Revenues at Italian luxury group Salvatore Ferragamo beat market forecasts in the first quarter despite a decline in retail sales in China, and the group said it expected to double sales in the medium term.
On tour in Italy, the CEO of Meta stopped over in Milan, where he met the Italian luxury industry's top players and discussed smart glasses with Leonardo Del Vecchio, president of EssilorLuxottica.
Salvatore Ferragamo and Amazon said on Tuesday Chinese authorities had seized counterfeit products in the Zheijang province, following a global investigation in which the luxury group and the online retailer cooperated.
Paul Andrew has revived his eponymous shoe brand. According to the former Ferragamo creative director, the timing is perfect for stand-out designer-level shoes.
Italy's Salvatore Ferragamo said on Monday it had appointed Maximilian Davis as creative director, starting from March 16, in a further step by the luxury group to refresh its products and boost sales.
LVMH; the Strategic Committee of the Fashion and Luxury Sector; and Altagamma are taking multiple initiatives to popularize craftsmanship among young students.
Fragrance giant Inter Parfums has reported a strong 2021 with a 23% sales rise and surging earnings compared to 2019. Net sales reached $879.5m last year while the gross margin rose to 63% from 2019’s 62%.
Enrich, India’s largest home-grown beauty services brand, has strengthened its retail presence in the state of Maharashtra with the launch of its first store in the city of Pune.
Timex Group India Ltd reported a net loss of Rs 5 crore ($7 million) for the third quarter ended December 2021, as against a net profit of Rs 4 crore it reported in the corresponding period of previous fiscal year.
Sales at Italian luxury group Salvatore Ferragamo rose by 31.4% last year, in line with market expectations, although they are still far below pre-pandemic levels.