Michele Norsa News
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Salvatore Ferragamo SpA, an Italian maker of $1,390 sandals, rose to a record in Milan trading after first-quarter profit beat estimates and the company confirmed its projection for earnings growth this year.
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Salvatore Ferragamo SpA , an Italian shoemaker that has supplied footwear to Marilyn Monroe and Jennifer Lopez , said second-quarter sales in China are going “extremely well” after the company opened new stores.
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Salvatore Ferragamo SpA, the Italian luxury-goods maker, plans to enter as many as eight new Chinese cities over the next three to five years as a steady flow of new shoppers emerges in the world’s fastest-growing major economy.
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Salvatore Ferragamo SpA Chief Executive Officer Michele Norsa said revenue in China continues to increase at a “significant” pace, even as growth slows in some coastal areas as the economy cools.
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Salvatore Ferragamo SpA , the Italian shoemaker, said sales have risen more than 20 percent since the end of June as shoppers who were cautious last year snapped up $1,200 lace-up boots and $2,850 woven calfskin handbags.
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Salvatore Ferragamo SpA, an Italian maker of luxury sandals, rose the most in six months in Milan trading after Chief Executive Officer Michele Norsa gave an upbeat appraisal of the fourth quarter and outlook for 2013.
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Salvatore Ferragamo SpA, an Italian luxury goods maker, is “confident” for 2012 after an “excellent” 2011, which included better-than-expected holiday sales, Chief Executive Officer Michele Norsa said today at the company’s men’s fashion show in Milan.
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Salvatore Ferragamo SpA , whose shoes have been worn by Marilyn Monroe and Jennifer Lopez , is “totally committed” to the Italian stock market for an eventual initial public offering, Chief Executive Officer Michele Norsa said.
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Salvatore Ferragamo SpA , the Italian shoemaker, increased sales by “more than 25 percent” in 2010, on demand in Asia and a rebound in Europe and the U.S., Chief Executive Officer Michele Norsa said.
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Salvatore Ferragamo SpA Chief Executive Officer Michele Norsa said the outlook “in general remains positive” after a strong start to 2012, which includes sales gains in Europe.
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