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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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Ten Minutes With….XSRE

In What's New, Features, Profiles by Jeff Prine

At the time when many retailers are downsizing, XSRE, a new all-accessories ‘superstore,’ is betting that bigger is better, with a goal to be the category killer in accessories. Jeff Prine counts the square footage XSRE  [ak-ses-uh-ree] – noun 1. an extraordinary selection of accessories for women of all ages …