Trade Salvatore Ferragamo SPA - SFER CFD

Salvatore Ferragamo Company profile

About Salvatore Ferragamo SpA

Salvatore Ferragamo SpA is an Italy-based company engaged in fashion industry. The Company mainly creates, develops and produces textiles goods and shoes. The Company’s products categories are responsible for the manufacture and sale of footwear, leather goods, clothing and accessories for men and women. The Company’s products include also fragrances and eyewear under the Salvatore Ferragamo brand and on license Ungaro brand. The Company’s products are distributed mainly through network brand stores, managed both directly and by third parties, as well as department stores and multibrand specialty stores. The Company’s activities also include the licensing of the Ferragamo brand, rental services, property management and technical consultancy with the Zegna Group. Salvatore Ferragamo SpA operates in Europe, North America, Japan, Asia-Pacific and Central and South America.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Salvatore Ferragamo SpA revenues increased 30% to EUR1.14B. Net income before extraordinary items totaled EUR83.8M vs. loss of EUR67.5M. Revenues reflect Footwear segment increase of 30% to EUR486.1M, Leather Goods segment increase of 28% to EUR495.7M, North America segment increase of 71% to EUR323.6M, Asia/Pacific segment increase of 17% to EUR436.2M.