Ferragamo Posts 2022 Sales Gain, on Track With Strategic Priorities, Says CEO

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Ferragamo Posts 2022 Sales Gain, on Track With Strategic Priorities, Says CEO
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Ferragamo is “fully on track on all its strategic priorities,” as the company posted another year of growth in revenues.

“one of the most brilliant designers,” he mused and whose first collection was unveiled in September.

In 2022, sales of footwear climbed 16 percent to 564.2 million euros, representing 44.8 percent of the total.Responding to an analyst, Gobbetti said he saw “an opportunity, not a challenge” in the bags category, which has shown “quite interesting new shapes. I am confident we have the know-how” to build this business,The retail channel saw an 11.3 percent gain to 923.5 million euros, representing 73.8 percent of the total.

“China has seen a definite improvement since the beginning of the year, we are encouraged by the trend,” and by the increased stability, saidSales in Japan rose 11.9 percent to 99.1 million euros, accounting for almost 8 percent of revenues

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