Home New Look 2015 Italian firm Salvatore Ferragamo posts revenue of $566 mn in H1 FY24

Italian firm Salvatore Ferragamo posts revenue of $566 mn in H1 FY24

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Salvatore Ferragamo reported H1 FY24 revenues of €523 million (~$566 million), a 12.8 per cent decrease from H1 FY23.
DTC revenues were €382 million, down 8.1 per cent, while wholesale revenues fell 23.1 per cent to €128 million.
The company’s operating profit dropped 41 per cent to €28 million, and net profit decreased 73.2 per cent to €6 million.Salvatore Ferragamo reported H1 FY24 revenues of €523 million (~$566 million), a 12.8 per cent decrease from H1 FY23.
DTC revenues were €382 million, down 8.1 per cent, while wholesale revenues fell 23.1 per cent to €128 million.
The company’s operating profit dropped 41 per cent to €28 million, and net profit decreased 73.2 per cent to €6 million.