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Founded in 1927, Salvatore Ferragamo is a famous Italian luxury goods brand, specialising in ready-to-wear, footwear, leather goods and accessories. The company's product range is complemented by watches and eyewear, produced under license by third parties. The Ferragamo Group also produces and distributes exclusive perfumes under the Salvatore Ferragamo' and Emanuel Ungaro' brands. With an extensive network of 660 mono-brand stores and a team of 4,000 people, the company successfully operates across Italy and worldwide. The Salvatore Ferragamo share price is set and traded on the Borsa Italiana stock exchange (BIT).
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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