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Salvatore Ferragamo SpA (SFER.MI)

SFER.MI on Milan Stock Exchange

24.90EUR
18 May 2018
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Mon, May 7 2018

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Italy's Ferragamo still has work to do in turnaround, chairman says

MILAN Italian luxury goods group Salvatore Ferragamo still has work to do to turn itself around, its chairman said on Monday, as the company warned currency swings and a bias in sales towards lower-margin goods could hit results this year.

Italy's Ferragamo still has work to do in turnaround, chairman says

MILAN Italian luxury goods group Salvatore Ferragamo still has work to do to turn itself around, its chairman said on Monday, as the company warned currency swings and a bias in sales towards lower-margin goods could hit results this year.

UPDATE 1-Italy's Ferragamo still has work to do in turnaround, chairman says

MILAN, May 7 Italian luxury goods group Salvatore Ferragamo still has work to do to turn itself around, its chairman said on Monday, as the company warned currency swings and a bias in sales towards lower-margin goods could hit results this year.

BRIEF-Ferragamo CFO sees 2 pct sales growth this year as "reachable"

May 7 Italy's Salvatore Ferragamo CFO Ugo Giorcelli says :

Ferragamo sees currencies, channel mix denting 2018 results

MILAN, May 7 Italian luxury group Salvatore Ferragamo said on Monday it expected 2018 results to be undermined by currency swings and an unfavourable mix of its sales channels, after posting first quarter results in line with expectations.

Ferragamo names veteran Gucci executive as general manager

FLORENCE, Italy Italy's Salvatore Ferragamo appointed Gucci executive Micaela Le Divelec as general manager on Friday, postponing selection of a new chief executive.

UPDATE 2-Ferragamo names veteran Gucci executive as general manager

* Chairman says pressing ahead with revamp plan (Recasts after statements)

BRIEF-Italy's Salvatore Ferragamo names Micaela Le Divelec general manager

* NAMES LE DIVELEC AND JAMES FERRAGAMO AS TWO NEW STRATEGIC MANAGERS IN ADDITION TO CFO UGO GIORCELLI

BRIEF-Ferragamo shareholders approve loyalty share scheme

* SHAREHOLDERS APPROVE INTRODUCTION OF LOYALTY SHARE SCHEME FOR INVESTORS HOLDING SHARES IN COMPANY FOR AT LEAST 2 YEARS Further company coverage: (Reporting by Milan newsroom)

Exclusive: Italy's Ferragamo to set up executive committee, delay CEO choice - sources

MILAN Salvatore Ferragamo will delay the appointment of a new CEO and set up an executive management committee to steer the Italian luxury group's ongoing revamp, sources close to the matter told Reuters.

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