Ferragamo Flags “Encouraging” Start to 2023 After Yearly Profit Drop

Italian luxury goods group Salvatore Ferragamo on Thursday said 2023 had started well after posting a smaller-than-expected 10.8 percent drop in operating profit for 2022, as it shouldered higher costs in a push to relaunch the brand.

from Business of Fashion https://ift.tt/M8ShO6F