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Salvatore Ferragamo

Ferragamo shares boosted after confirmation of 2024 forecasts (#1683694)

by Robyn Pickett
Ferragamo shares boosted after confirmation of 2024 forecasts (#1683694)

By Reuters Published December 3, 2024 Ferragamo shares jumped on Tuesday after the Italian luxury group confirmed its full year profitability forecast, despite the announcement of a likely impairment write-down …

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Gucci names Francesco Falai head of HR

by Robyn Pickett
Gucci names Francesco Falai head of HR

Translated by Nicola Mira Published November 22, 2024 Gucci continues its senior management reshuffle. The leading label of luxury group Kering has told FashionNetwork.com it has promoted Francesco Falai to …

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Caleres names Nancy Bitetto as SVP of New York brands

by Robyn Pickett
Caleres names Nancy Bitetto as SVP of New York brands

Published November 14, 2024 Caleres announced on Thursday the appointment of Nancy Bitetto as senior vice president of New York brands, which include Franco Sarto, Vince, Veronica Beard, and private …

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The Best Ferragamo Handbags of 2024 to Shop Right Now, From the Hug to the Fiamma

by Arthur Bolly
The Best Ferragamo Handbags of 2024 to Shop Right Now, From the Hug to the Fiamma

With such a legacy, it only made sense to turn the maison of Ferragamo into a full-blown women’s brand, shoes, ready-to-wear, handbags and all. When Ferragamo passed, things stayed in …

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L’Oreal third quarter sales miss expectations as China buys less

by Robyn Pickett
L’Oreal third quarter sales miss expectations as China buys less

By Reuters Published October 22, 2024 French cosmetics giant L’Oreal reported a rise in third quarter sales on Tuesday that missed expectations after low consumer confidence in China sapped demand …

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China’s booming grey markets add woes to luxury brands

by Robyn Pickett
China’s booming grey markets add woes to luxury brands

By Reuters Published October 21, 2024 China’s second-hand and grey markets for luxury goods are booming, as price hikes from luxury brands in a weak economy are prompting some shoppers …

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Italy’s Ferragamo tempers market expectations on 2024 profit

by Robyn Pickett
Italy’s Ferragamo tempers market expectations on 2024 profit

By Reuters Published October 15, 2024 Italy’s Salvatore Ferragamo said on Tuesday that operating profit this year would be at the lowest end of current analyst estimates after revenues fell …

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Alibaba’s Lazada wants Armani, D&G to help hit $100 billion goal

by Robyn Pickett
Alibaba’s Lazada wants Armani, D&G to help hit 0 billion goal

By Bloomberg Published October 10, 2024 Alibaba Group Holding Ltd.’s Lazada is courting top European fashion and design brands to help fend off Asian rivals and eventually reach its goal …

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Luxury goods unlikely to be next target of China’s EU trade retaliation, analysts say

by Robyn Pickett
Luxury goods unlikely to be next target of China’s EU trade retaliation, analysts say

By Reuters Published October 9, 2024 European luxury shares have slid on investor concerns that Hermes handbags and Dior slingbacks may be Beijing’s next targets for retaliation, following the EU’s …

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eBay, Luxe Collective launch handbag consignment service for UK

by Robyn Pickett
eBay, Luxe Collective launch handbag consignment service for UK

Published September 30, 2024 eBay has launched its new consignment service for luxury items in Britain, “giving users direct access to expert sellers who will list and sell their items …

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