ferragamos sales in the first quarter increased by 21 year on year to 289 million euros with the

Ferragamo’s sales in the first quarter increased by 21% year-on-year to 289 million euros, with the …

Sumary of Ferragamo’s sales in the first quarter increased by 21% year-on-year to 289 million euros, with the …:

  • (Note: The following sales growth rates are all calculated at constant exchange rates) Ferragamo’s first-quarter results that exceeded expectations were mainly attributable to the strong performance of the European and American markets.
  • At present, 50% of luxury stores are closed or the number of customers is reduced, which will affect the second largest market in the luxury industry this year.
  • On May 10, Italian luxury goods group Salvatore Ferragamo (Salvator Ferragamo, hereinafter referred to as Ferragamo) announced key financial data for the first quarter of 2022 (as of March 31): sales increased by 21% year-on-year at constant exchange rates.

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