长沙换USDT转账|【唯一TG:@heimifeng8】|盗U跨链兑换方案✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Ferragamo's sales down 4% in fourth quarter, sees "encouraging results"
Reuters Published
January 31, 2025
Italian luxury goods group Salvatore Ferragamo said on Thursday its revenue dropped by 4% at constant currencies in the fourth quarter, flagging "encouraging results" from its direct-to-consumer sales which were overall flat in the last three months of the year.
Sales in the North American region, which accounted for 29% of total revenue, were up 6.3% in the quarter.
However, the Asia Pacific area saw a 25% drop in revenue at constant exchange rates.
The slowdown in global demand for luxury goods, especially in China, has made the group's turnaround harder.
Overall preliminary revenues reached 1.03 billion euros in 2025, in line with analysts' estimates, according to an LSEG consensus.
"January shows an acceleration in our DTC channel's growth, albeit supported by the different timing of the Chinese New Year and a favourable comparison base versus last year", Chief Executive Marco Gobbetti said in a statement.