Search Results for: ferragamo

In the market, outcomes look more and more oriented. On the one hand, some fashion brands, such as Moncler, Hermès and Brunello Cucinelli, keep speeding up; some more, such as Ralph Lauren and Burberry in example given, have just joined the leading group, after a while, thanks to rewarding performances. Savigny Luxury Index has provided […]

Rates of exchange are currently “not advantageous” and, in addition, the various channels “keep having an adverse impact”. These are the main reasons why Ferragamo’s profits and revenues have been declining at the end of 2018 first quarter. The fashion house itself illustrates the situation in their release, while remarking that “for the time being […]

Fashion publisher giant CondèNast International, led by prestigious editor Suzy Menkes, have set the event, on its fourth edition. The conference kicked off yesterday, in Lisbon, and it is going to conclude today. During the event, across a full agenda of meetings, interviews and personal speeches, they have spotlighted the Language of Luxury, which is […]

At the end of February Salvatore Ferragamo announced that Eraldo Poletto was not their managing director any longer. Yesterday, that is, six weeks later, they made public, in New York, that Poletto will be appointed, on April 30, as new chief executive officer and brand president of Stuart Weitzman, a fashion footwear company comprised in […]

Someone needs to take his time, as much as possible, before reaching a strategic decision about the future of his own company. On the other hand, someone else has already made up his mind, long time before, and is absolutely sure he will be the owner of his brand forever (in the afterlife as well). […]

The rumour tha has destabilised the most observer is that of a possible sale of Chloè: a prolific brand (450 million turnover) and, moreover, growing. The rumour has yet to be confirmed and, in a way, is offset by another indiscretion never confirmed: that according to which Richemont could be interested in Ferragamo. It is […]

Following Eraldo Poletto’s early leaving, President Ferruccio Ferragamo has taken over in charge of the company, while waiting for the new chief executive officer. For the records, the brand “is not for sale”, despite a complicated 2017. Such are the key issues discussed by Ferragamo’s Board of Directors, who met up to approve the financial […]

Less than two years. Chief executive officer Eraldo Poletto, on duty since summer 2016, will quit his position at Ferragamo on March 8. The fashion house personally announced the upheaval in a short public statement released yesterday, in the late afternoon, after the closing of the stock exchange markets. “On March 8, 2018, the board […]

“The group relies on a supply structure with high technical expertise and works with historical companies, with whom it has established a continuous collaboration relationship.” This statement is an extract of the Ferragamo Sustainability Report 2016. The report affirms the supremacy of Italian leather for the “Made in Italy luxury production.  The group says that […]

For Burberry, this just passed, it has been Marco Gobbetti’s first week at the helm of the company. The Italian manager, formerly Celine, finally assumes the position of CEO, leaving Christopher Bailey as chairman and the freedom to devote exclusively to the brand’s creative direction. Gobbetti is in charge of handling a complicated situation. Co-ordinate […]

Extend your online offer while still holding a catalogue share available only in stores. Increase the average price (+ 3% average) of the available products by lowering the entry level band. It is on this dual track that is articulating the product and pricing strategies of luxury brands in the relationship between the web and […]

Positive result for Salvatore Ferragamo in 2016. Although the increase in turnover has been tight, it reports a substantial rise in net profits. Turnover stood at 1.438 billion euro, a slightly positive value over the previous annuity (+ 1%). Profits, however, performed well: 202 million euro, representing an up to 17%. This is nothing new. […]