MILAN — Salvatore Ferragamo Group closed the year of its public listing with flying colors, reporting a 69.8 percent increase in net profit.
Boosted by worldwide growth, the bottom line at the Florence-based fashion house reached 103.3 million euros, or $143.6 million at average exchange, in the 12 months ended Dec. 31. This figure included minority interest profit of 22 million euros, or $30.5 million.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"