MILAN — Growth in all geographic markets and in all product categories at both retail and wholesale helped Salvatore Ferragamo SpA post a 32.4 percent increase in net profits in the first half ended June 30 to 45.7 million euros, or $66.2 million, compared with 34.5 million euros, or $42.4 million, in the same period the previous year.
The company, which made its debut on the Milan Stock Exchange on June 29, registered a 29.8 percent rise in sales to 459.7 million euros, or $666.5 million. In the first six months, operating profit also surged, showing an 80.4 percent rise to 70.9 million euros, or $102.8 million, compared with 39.3 million euros, or $48.3 million.
"I love to fight and I got into a lot of trouble, so instead, I thought I'd do it professionally," says Bellator MMA fighter Liam McGeary. #wwdfashion (📷: @andyboyle; Interview by @jeanpalmieri; Styled by @thealexbadia)