Ahead of IPO, Salvatore Ferragamo reports record financial results

Salvatore Ferragamo, Spring Summer 2012

Italian luxury house Salvatore Ferragamo reported this week its sales grew by 26,2% in 2011 compared to 2010, reaching a total of 986,4 million euros and a net profit 103,3 million euros – a 68% increase on 2010. Ferragamo is present in 92 countries and with the exception of Japan, all territories registered an average sales growth of 30%.