Ferragamo CEO Sees Higher 2015 Sales After ‘Excellent’ February

Daria Werbowy for Salvatore Ferragamo spring/summer 2015 | Source: Salvatore Ferragamo

Italian luxury group Salvatore Ferragamo expects its sales to grow this year after the Chinese New Year contributed to an “excellent” performance in February, chief executive Michele Norsa said on Sunday.

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Amid Bid Rumours, Ferragamo Chairman Denies Stake Sale

Daria Werbowy in the Salvatore Ferragamo campaign 2014 | Source: Salvatore Ferragamo

Salvatore Ferragamo SpA Chairman Ferruccio Ferragamo ruled out selling a stake in the luxury shoemaker founded by his father amid speculation that the company could attract interest from LVMH Moet Hennessy Louis Vuitton SA.

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Ferragamo CEO Sees Improved Growth Outlook, Upbeat On China

Shopping at Salvatore Ferragamo | Source: Reuters

MILAN, Italy — Italian luxury leather goods maker Salvatore Ferragamo expects group results to improve in the second half of 2014 from the first six months on the back of strong demand in China and in global travel retail, its chief executive said on Sunday.

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Luxury in China Loses Lustre as Wealthy Flee

Dior store in Beijing | Source: Shutterstock

HONG KONG, China — Wealthy Chinese are likely to buy fewer luxury goods again this year after the steepest cut-back on spending in at least five years, changing the game for high-end retailers like Louis Vuitton which have staked their growth on China.

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The China Edit | Modelling Life, Fast Retailing’s Asia Growth, Tourists Boost Ferragamo, L’Oréal

Li Bing Bing for L'Oréal campaign | Photo: Chen Man for L'Oréal

The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.

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Chinese Shoppers Abroad to Boost Ferragamo’s 2014 Sales

From the "Salvatore Ferragamo: Evolving Legend" exhibit at MoCA Shanghai | Source: Flickr

MILAN, Italy — Travelling Chinese shoppers snapping up leather goods will drive sales growth in 2014 at luxury group Salvatore Ferragamo, its chief executive said on Sunday, before it showed a menswear collection aimed at promoting its Italian heritage.

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