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Pierre La Tour steps down as Ferragamo CFO

Italian fashion house Salvatore Ferragamo S.p.A. and chief financial officer (CFO) Pierre La Tour are parting ways. La Tour will step down from his post to "pursue new professional opportunities in another business sector", Salvatore Ferragamo announced on Thursday. He submitted his resignation, effective 26 September. Ferragamo veteran takes...

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Business

Ferragamo revenue down 9.4 percent amidst challenging market conditions

Salvatore Ferragamo reported revenue of 474 million euros down 9.4 percent compared to the first half of 2024, and down 7.1 percent at constant exchange rates, for the first six months of the year. Overall revenue was impacted by the wholesale channel, which reported revenue of 105 million euros, down 17.9 percent or down 14 percent at constant...

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