Home New Look 2015 Italy’s Ferragamo’s Q3 DTC sales stable despite headwinds

Italy’s Ferragamo’s Q3 DTC sales stable despite headwinds

51

Ferragamo’s Q3 DTC sales were flat at constant exchange rates and up 2.3 per cent reported, supported by full-price retail, while total revenue fell 6.2 per cent to €207 million (~$232.39 million).
North America grew 2.3 per cent and Central and South America 10.1 per cent, partly offsetting softer Asia-Pacific, Japan and EMEA demand.
Wholesale sales fell 24.2 per cent as Ferragamo refined distribution.Ferragamo’s Q3 DTC sales were flat at constant exchange rates and up 2.3 per cent reported, supported by full-price retail, while total revenue fell 6.2 per cent to €207 million (~$232.39 million).
North America grew 2.3 per cent and Central and South America 10.1 per cent, partly offsetting softer Asia-Pacific, Japan and EMEA demand.
Wholesale sales fell 24.2 per cent as Ferragamo refined distribution.