Business · Companies · 10 hrs ago

Ferragamo reports €675 million in nine-month revenue, down 2.8%

Ferragamo reports €675 million in nine-month revenue, down 2.8%

Ferragamo reported €675 million in revenue for the first nine months of 2026, down 2.8% from the same period in 2025 at current exchange rates.

At constant exchange rates, revenue was unchanged, while third-quarter revenue fell 3.5%.

Direct-to-consumer sales rose 4% at constant exchange rates, but wholesale sales fell 13.4%.

Sales grew in North and Central and South America, while they declined in Europe, the Middle East and Africa, Asia-Pacific and Japan.

The results show gains in direct sales were offset by weaker wholesale sales and declines in several regions.

Ferragamo said it remains confident about its medium- and long-term prospects and will continue pursuing its strategic goals despite short-term market volatility.

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Ferragamo GroupCompany
Despite the persistent macroeconomic and geopolitical uncertainty, the group looks with confidence to its medium- and long-term prospects and continues to pursue its strategic objectives with discipline and determination, maintaining a long-term vision despite short-term market volatility.
via ANSA