By  on March 1, 2011

MILAN — The Ferragamo family holding company FerragamoFinanziaria SpA has sold 8 percent of Salvatore Ferragamo Italia SpA toHong Kong businessman Peter Woo and his family.

At the sametime, the company revealed plans to increase its equity interest inFerragamo’s distribution companies based in Greater China, which willrise to a 75 percent stake from the current 50 percent (60 percent forMacau) in January 2013.

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