The Florentine brand Salvatore Ferragamo, a symbol of Made in Italy craftsmanship and luxury, closed the first quarter of 2025 with lights and shadows. Consolidated revenues stood at 221 million euros, marking a 2,6% decrease compared to the same period of the previous year. A figure that did not positively surprise the markets, leading to a negative reaction on the stock exchange and a wave of caution on the part of analysts.
But not everything is downhill. The leather goods division shines, recording double-digit growth, almost +10%. Bags, accessories and small leather goods continue to conquer the international public, confirming the brand's appeal in the most iconic segments.
Experts emphasize that Ferragamo is going through a complex transformation phase, between global challenges and internal renewal. The relaunch strategy launched by the new management aims to strengthen the positioning in key markets and to modernize the offer, while maintaining the artisanal roots of the brand.
While the quarterly numbers raise some concerns, the solidity of the core business and the recognisability of the brand leave room for cautious confidence for the months to come.