Day: September 12, 2021

Italian agency Salvatore Ferragamo swings again to revenue in first half



Salvatore Ferragamo, an Italian luxurious items firm, has reported a 44.2 per cent
income leap to €523.8 million within the first half (H1) of FY21 ended on June
30, 2021, in comparison with the income of €363.5 million in the identical interval of final
fiscal. The corporate’s working revenue in the course of the six-month interval expanded
to €65.9 million (H1 FY20: loss €71.6 million).


 


Within the first half, the group’s retail distribution channel achieved 46.3 per
cent progress in income to €381.3 million (€260.6 million), whereas wholesale
channel recorded 41.1 per cent surge in income to €138.1 million (€97.8
million).


Salvatore Ferragamo, an Italian luxurious items firm, has reported 44.2 per cent
income leap to €523.8 million within the first half (H1) of FY21 ended on June 30,
2021, in comparison with the income of €363.5 million in the identical interval of final fiscal.
The corporate’s working revenue in the course of the six-month interval expanded to €65.9 million
(H1 FY20: loss €71.6 million).


 


By geographic areas, income throughout all of the markets reported a progress. North America’s
income doubled to €136.9 million (€67.6 million), whereas the

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