
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.
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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.
On tour in Italy, the CEO of Meta stopped over in Milan, where he met the Italian luxury industry's top players and discussed smart glasses with Leonardo Del Vecchio, president of EssilorLuxottica.
Salvatore Ferragamo and Amazon said on Tuesday Chinese authorities had seized counterfeit products in the Zheijang province, following a global investigation in which the luxury group and the online retailer cooperated.
European cosmetics manufacturers are facing shortages of paper, glass, and some essential oils and alcohols, as Russia’s invasion of Ukraine disrupts the industry’s supply chain.
European perfume- and cosmetics-makers face shortages of paper, glass, and some key oils and alcohols, as Russia's invasion of Ukraine adds further disruptions to the supply chains for beauty products.
Paul Andrew has revived his eponymous shoe brand. According to the former Ferragamo creative director, the timing is perfect for stand-out designer-level shoes.
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.
LVMH; the Strategic Committee of the Fashion and Luxury Sector; and Altagamma are taking multiple initiatives to popularize craftsmanship among young students.
On Monday, the French label unveiled the ready-to-wear collection designed by new creative director Kobi Halperin, to be distributed globally from this season, while a relaunch plan for perfume will kick off in 2023.
Italian luxury group Salvatore Ferragamo has a very small exposure to Russia, accounting for less than 1% of sales, finance chief Alessandro Corsi said on Tuesday.