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.
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.
Burberry staged its first show in over two years on Friday, and the result was Riccardo Tisci’s best collection for the house, where he properly embraced the brand’s codes, even as he injected in his own DNA.
Burberry has unveiled its SS22 collection and unlike many luxury peers, has shown digitally. It also named a new data and analytics chief, the new post underlining the importance of those functions to the brand.
In a busy Saturday in Milan, Giorgio went Zen master in his private palazzo, Dolce & Gabbana presented disco damsels, Ermanno Scervino refocused with force and Salvatore Ferragamo had a tricky delivery.
Italy's Salvatore Ferragamo said on Tuesday its retail sales in July and August were close to pre-coronavirus levels, after returning to operating profit in the first half of 2021 from a pandemic-driven loss last year.
Former CEO of Brioni Gianluca Flore, who moved to Burberry in 2017 to oversee the British luxury brand’s operations in the Americas, will step into his new role as chief commercial officer from September 1.