Burberry’s endless luxury turnaround is a very British problem

By Bloomberg Published May 19, 2024 Just about every chief executive who has run Burberry Group Plc has characterized the maker of the pricey trench coats with checked linings as the best of British luxury.  See catwalkBurberry – Fall-Winter2024 – 2025 – Womenswear – Londres – ©Launchmetrics/spotlight But that tag is doing little at the … Read more

Revenues at Ferragamo down 17% in Q1, hit by China

By Reuters API Published May 9, 2024 Revenues at Italian luxury group Salvatore Ferragamo fell 16.6% at constant exchange rates in the first quarter, with China proving difficult and amid a general slowdown in sales in all geographies and channels. See catwalkFerragamo – Fall-Winter2024 – 2025 – Womenswear – Italie – Milan – ©Launchmetrics/spotlight “Over … Read more

Ferragamo sales improve in February after weak start to year

By Reuters API Published Mar 6, 2024 Sales at Salvatore Ferragamo continued to weaken year-on-year in January after dragging operating profit down 44% profit in 2023, but stabilised in February, the chief executive of the Italian luxury goods group said on Wednesday. See catwalkFerragamo – Fall-Winter2024 – 2025 – Womenswear – Italie – Milan – … Read more

Ferragamo CEO warns turnaround may take longer after 2023 sales drop

By Reuters API Published Jan 26, 2024 Sales at Italian luxury goods group Salvatore Ferragamo dropped by 8.1% at constant currencies last year, prompting Chief Executive Marco Gobbetti to warn that hitting turnaround goals could take longer than anticipated. See catwalkFerragamo – Spring-Summer2024 – Womenswear – Italie – Milan – © Launchmetrics Revenues reached 1.16 … Read more

Salvatore Ferragamo names Pierre La Tour as group CFO

Translated by Nicola Mira Published Jan 23, 2024 Salvatore Ferragamo has appointed a new group CFO, Pierre La Tour. He is a highly experienced executive with an international career in the financial sector, but has never worked in the luxury industry before. Ferragamo said he will assume his new role on March 18. La Tour … Read more