Ferragamo's revenues fell 1% in first quarter, dragged by weak sales in Asia

Ferragamo revenue slips as Asia Pacific sales decline 13%

The company’s DTC business fell in the first quarter of 2025, but global gains in the wholesale channel helped offset some losses.

Ferragamo's revenues fell 1% in first quarter, dragged by weak sales in Asia

MILAN :Italian luxury group Salvatore Ferragamo reported on Wednesday a 1 per cent decline in sales at constant exchange rates for the first quarter, due to weak sales in the Asia Pacific region.The company, currently without a CEO after the exit of Marco Gobbetti two months ago, posted revenues of 221 millio

All the turbulence of Ferragamo (and luxury)

Sales in the Asia-Pacific region fell by nearly 14% and the threat of tariffs hit sales at Salvatore Ferragamo, whose falling first-quarter revenue does not bode well for analysts. Facts, figures and comments Without a CEO, after the departure of Marco Gobbetti at the beginning of March, Salvatore Ferragamo is not starting 2025 in the best way. The first quarter of the year ended with sales and revenues down, mainly due to weak demand in the Asi…

Weak Asian market, trade war fuel further Ferragamo revenues slide in April

Sales at Salvatore Ferragamo fell in April, the Italian luxury goods group said on Wednesday as it posted a 1 per cent revenues drop for the first quarter hit by weak demand in the Asia Pacific region.

Asia weakness, trade war weigh on Ferragamo revenues, slide continued in April

Sales at Salvatore Ferragamo fell in April, the Italian luxury goods group said on Wednesday (May 14) as it posted a 1 per cent revenues drop for the first quarter hit by weak demand in the Asia-Pacific region.

Ferragamo sales drop 1% on weak Asia demand

The brand, which is still without a CEO following Marco Gobbetti’s exit, said global uncertainty is weighing on consumer spending.