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Glorious Outcomes for the Salvatore Ferragamo Group in the primary quarter: Revenues elevated by 23.Four%; EBIT by 43.Three% and Pre-tax Revenue rose by 78.6 % vs. If you have any concerns regarding where and {exactly how to|ways to|the best ways to|how you can} use Florence,_Italy, you can contact us at our web page. 2011

As of 31 March 2012, the Salvatore Ferragamo Group has posted Complete Revenues of 259.6 million Euros, with a 23.Four% enhance at present trade rates, over the 210.Four million Euros recorded in 1Q 2011, displaying important progress in all geographical areas, product traces and distribution channels. Revenue progress at fixed alternate rate has been 19.1%.

The revenue increase confirms the strong growth development in excess of 20% for the eighth quarter in a row.

The 2-year cumulated growth charge on 1Q 2010 reaches 57.Four%, confirming the success of Ferragamo’s strategy specializing in high quality products and on the “Made in Italy” picture, thus meeting the salvatore ferragamo buy online expectations and calls for of its global prospects.

Revenues by geographical space
In 1Q 2012, all geographical areas, with the only real exception of Japan, delivered income progress close to or higher than 20%, both at present and constant trade rates.

The Asia Pacific area is confirmed as the Group’s prime market in terms of Revenues, with a turnover of 96.4 million Euros, up 27.Three% vs. 1Q 2011, additionally because of the contribution of the retail channel, which in China recorded a progress of over 36%.

Europe posted excellent development figures, with a rise in revenues of 27.8% compared to the identical period in 2011, bringing the 2-yr cumulated growth to 67.Zero% , and confirming the extraordinary brand consciousness of Ferragamo and its ability to attract the interest of the worldwide tourist flows.

North America recorded a sales increase of 17.6% in comparison with the same interval of 2011. The double-digit performance was achieved regardless of the momentary closure, in the quarter, of the new York Fifth Avenue flagship (number one retailer for the Group by way of turnover), which was profoundly renovated and re-opened salvatore ferragamo buy online originally of April.

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