Day: November 15, 2021

Italian style agency Salvatore Ferragamo extends progress streak in Q3


Salvatore Ferragamo, an Italian luxurious items firm, has reported a 33.9 per cent revenues progress to €785.3 million within the third quarter (Q3) of FY21 ended on September 30, 2021, in comparison with the revenues of €586.7 million in the identical interval of final fiscal. Internet revenue in the course of the nine-month interval rose to €39.8 million (Q3 FY20: loss €96.0 million).

 

Salvatore Ferragamo, an Italian luxurious items firm, has reported a 33.9 per cent revenues progress to €785.3 million within the third quarter (Q3) of FY21 ended on September 30, 2021, in comparison with the revenues of €586.7 million in the identical interval of final fiscal. Internet revenue in the course of the nine-month interval rose to €39.8 million (Q3 FY20: loss €96.0 million).

The group’s retail distribution channel achieved a 37.2 per cent hike in revenues to €570.5 million (€415.9 million), with progress throughout China, North America, Latin America and Korea area which exceeded the pre-COVID revenues stage. Furthermore, wholesale channel recorded a 27.1 per cent bounce in revenues to €208.1 million (€163.7 million).

 

Salvatore Ferragamo, an Italian luxurious items firm, has reported a 33.9 per cent revenues progress to €785.3 million within the third