Salvatore Ferragamo’s chief executive officer and general manager Marco Gobbetti expressed his satisfaction with the “excellent progress on our strategic priorities and on building the foundational elements to accelerate our growth.”
Gobbetti said that Ferragamo’s luxury positioning “will not change, if anything we will probably increase the value for our consumers in terms of offer.” He said he had “already integrated pricing and Forex,” while perhaps there could be some adjustments next year.
Operating profit rose 44.7 percent to 95 million euros. Corsi said the operating profit consensus of 180 million euros for the year was “reasonable,” although he said that in the second half it will be “less than proportional” on the first half. By category, shoes were up 26.2 percent to 280 million euros, accounting for 44.2 percent of the total.
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