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The Latest Breaking News from Marco Gobbetti

Burberry designer Riccardo Tisci to step down ending five years of Italian control

Departure comes year after CEO Marco Gobbetti left, with Daniel Lee taking over creative head role

The Guardian - UK · Sep 28, 2022

Ferragamo Sales Beat Forecasts in H1 despite Slowdown in China

Revenues at Italian luxury group Salvatore Ferragamo topped market forecasts in the first half of the year despite a slight slowdown in the second quarter due to COVID-19 restrictions in China. Underpinned by sound growth in Europe and United States, sales rose by 17% at constant exchange rates to 630…

Asharq Al-Awsat · Sep 6, 2022

Ferragamo Partners with Farfetch to Grow Online, Reach Younger Shoppers

Italian fashion house Salvatore Ferragamo said on Thursday it had struck a partnership with online luxury shopping retailer Farfetch to expand its digital presence, targeting younger shoppers. Ferragamo said it would use Farfetch's platform for its e-commerce and look to engage with a global Millennial and Gen Z luxury audience.…

Asharq Al-Awsat · Aug 11, 2022

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Burberry Pins its Outlook to China's COVID Recovery

British luxury brand Burberry said its outlook for the year ahead depended on how quickly China, its biggest market, recovered from COVID-19 lockdowns, after meeting expectations for sales and operating profit for its 2022 financial year. The company reported a 23% rise in revenue to 2.83 billion pounds ($3.52 billion)…

Asharq Al-Awsat · May 18, 2022

Ferragamo Aims to Double Sales Mid-Term but Warns of China Hit

Revenues at Italian luxury group Salvatore Ferragamo beat market forecasts in the first quarter despite a decline in retail sales in China because of new COVID-19 restrictions, and the group said it expected to double sales in the medium term. The leather goods maker, famous for making shoes for Hollywood…

Asharq Al-Awsat · May 10, 2022

Italy’s Ferragamo Appoints Maximilian Davis as New Creative Director

Italy's Salvatore Ferragamo said on Monday it had appointed Maximilian Davis as creative director, starting from March 16, in a further step by the luxury group to refresh its products and boost sales. Last week Chief Executive Marco Gobbetti said he planned to appoint a new creative director to inject…

Asharq Al-Awsat · Mar 14, 2022

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