Salvatore Ferragamo post exceptional first half results
Italian luxury house of Ferragamo reported this week a 29,8% increase in its turnover for the first six months of 2011, compared to the same period last year, reaching a total of 459,7 million euros. The company registered a net profit of 45,7 million euros, representing a 32,4% increase compared with the first half of 2010. Asia Pacific and Europe are the best selling regions for Ferragamo, accounting for over 40% of total sales. America also registered a surprising 24% increase.