By  on January 28, 2016

MILAN — Solid global growth, boosted by its handbags and leather goods accessories in both the retail and wholesale channels, lifted Salvatore Ferragamo SpA’s revenues by 7.4 percent in the 12 months ended Dec. 31.

The Florence-based group, which is listed on the Milan Stock Exchange, at the end of the day Thursday reported preliminary revenues rose to 1.43 billion euros, or $1.58 billion at average exchange, compared with the previous year. This included a negative hedging effect of 51 million euros, or $56.6 million. At constant exchange rate, sales grew 1.3 percent.

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