Salvatore Ferragamo SpA - Company Profile
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Salvatore Ferragamo SpA (Salvatore Ferragamo), a subsidiary of Ferragamo Finanziaria SpA, distributes and markets luxury goods, apparel, footwear, and fragrances for both men and women. The company merchandises and sells these products through its direct-operated stores (DOS) and tailored-operated stores (TPOS), which are managed by various third parties. It provides footwear, suitcases, handbags, belts, wallets, and other leather accessories, silk accessories, home accessories, knitwear, leather, and fabric garments. The company also offers eyewear and watches that are manufactured through various licensing agreements with leading manufacturers. Salvatore Ferragamo offers these products through its e-commerce portal ferragamo.com. The company markets its products to various European countries, and the Americas, South Korea, Japan, Mexico, and China. Salvatore Ferragamo is headquartered in Florence, Tuscany, Italy.
Headquarters
Italy
Address
PALAZZO SPINI-FERONI, Via dei Tornabuoni 2, Firenze, 50123
Website
www.ferragamo.com
Telephone
39 055 3360780
No of Employees
3,329
Industry
Retailing
Ticker Symbol & Exchange
SFER (BIT)
Revenue (2024)
$1.1B
-10.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-361.3%
(2024 vs 2023)
Market Cap*
$1.6B
Net Profit Margin (2024)
XYZ
-392.4%
(2024 vs 2023)
* As of and is in US$
Salvatore Ferragamo SpA premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Footwear | Product Customization | Salvatore Ferragamo |
| Handbags | ||
| Suitcases and Travel Accessories | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In June, the company signed a partnership with Porsche Italia to introduce two special-edition models. |
| 2023 | Acquisitions/Mergers/Takeovers | In October, the company and Ferragamo Hong Kong acquired a minority stake in Ferragamo Moda (Shanghai), Ferragamo Retail Macau and Ferrimag. |
| 2022 | Contracts/Agreements | In August, the company and FARFETCH announced a global strategic partnership to engage in an integrated partnership to allow Ferragamo to boost its digital innovation capabilities by leveraging the full breadth of FARFETCH's platform. |
Competitor Comparison
| Key Parameters | Salvatore Ferragamo SpA | LVMH Moet Hennessy Louis Vuitton SE | Kering SA | Hermes International SA | Ralph Lauren Corp |
|---|---|---|---|---|---|
| Headquarters | Italy | France | France | France | United States of America |
| City | Firenze | Paris | Paris | Paris | New York |
| State/Province | - | Ile-de-France | Ile-de-France | Ile-de-France | New York |
| No. of Employees | 3,329 | 215,637 | 43,791 | 25,697 | 15,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Leonardo Ferragamo | Chairman | Executive Board | 2021 | - |
| Ernesto Greco | Director | Executive Board | 2024 | - |
| Paolo La Morgia | Chief Financial Officer - Interim | Senior Management | 2025 | - |
| Angelica Visconti | Vice Chairman | Non Executive Board | 2022 | - |
| Sara Ferrero | Director | Non Executive Board | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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