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EXECUTIVE SHAKE-UPS AT FERRAGAMO AND DVF

In Uncategorized, What's New, Industry News by Christine Galasso

FERRAGAMO BRINGS ON TWO NEW DESIGN DIRECTORS Guillaume Meilland and Fulvio Rigoni have been appointed as design directors of mens and womenswear, respectively, at Italian fashion label Salvatore Ferragamo. The announcement completes a new, three-person creative team, where Paul Andrew has served as the women’s footwear designer since September. “I am convinced that …

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Ferragamo Boasts 28% Jump in 2013 Net

In What's New, Industry News by Jeff Prine

Milan—Salvatore Ferragamo S.p.A said Tuesday that its 2013 profit jumped 28% and that it was likely its 2014 results will be just as good—if not better. “The business trend recorded in the first months of the current year justifies expectations for growth also throughout 2014, in the absence of severely …

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Ferragamo First Half Profit Jumps 81%

In What's New, Industry News by Jeff Prine

Florence, Italy—Salvatore Ferragamo reported today that its first half profit jumped 81% thanks to improved sales and its withdrawal from a joint venture with Ermenegildo Zegna. The Italian footwear and accessories company posted a net profit of 83 million euros (about $107.1 million) for the six month ended June 30. …

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Ferragamo Full Year 2012 Profit Up 30%

In What's New, Industry News by Jeff Prine

Florence, Italy—Helped by rising demand from Asia and foreign tourists buying its top quality, Italian-made footwear and accessories, Salvatore Ferragamo said last week its 2012 net profit grew 30% to 106 million euros (about $137 million). That was ahead of analysts’ average estimate for 97 million euros. Net revenue grew …