Luxury brands Ferragamo shoes and bags 2013 revenue growth of 9%

Luxury brands Ferragamo shoes and bags (Salvatore Ferragamo) 2013 full-year revenue growth of 9%, totaling $ 1.3 billion. Strong growth in other markets just offset the negative impact of the decline in the Italian market.

The Group’s sales growth was mainly focused on shoes and leather goods: Footwear revenues increased by 8%, an increase of 18% leather.

Turnover of all regional markets except Japan, showed double-digit growth.

Sales in Asia Pacific accounted for more than 37%, an increase of 10% in 2013 retail sales in China grew by 20%.

October 2013, Ferragamo set up a special website to attract young consumers.