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.