Aug. 30 – The Asia Pacific region is the largest market in terms of revenues for the Salvatore Ferragamo Group. The Italian fashion house, which at June 30 had a total revenue stream amounting to €625 million, in Asia in particular has recorded a turnover of €240 million (38% of the total), a 13% increase compared the first half of 2012. Once again the result owes a lot to the contribution of stores in China, which recorded in the second quarter increased sales by 30%, thus confirming the excellent performance of the first three months of the year. Europe, where the brand has strengthened its reputation and its ability to intercept the international tourist flows, the Salvatore Ferragamo Group registered a turnover of almost €167 million and a 14% revenue increase. In North America, the brand recorded f increased revenues by more than 15 %, also confirming a longer trend double-digit growth. The Japanese market, although it has decreased by 13% at current exchange rates due to an unfavorable currency exchange, went up by 2 % in local currency. In Central and South America there has seen, during the first half of 2013, a 7% sustained by the retail chain’s positive contribution, which recorded a sales increase of over 17 %. At the same time, the wholesale channel’s performance feels the consequences of the conversion to direct outlet stores in Brazil.
