Brief: Ferragamo exec says sales in April had a negative trend

Salvatore Ferragamo

14/05/2025 17:30

May 14 (Reuters) - Salvatore Ferragamo, executive board member Ernesto Greco in conference call with analysts:

SALVATORE FERRAGAMO EXEC: SINCE THE LAST TEN DAYS OF MARCH SEVERAL NEGATIVE EVENTS IMPACTED ON LUXURY CONSUMERS, TRAFFIC AND LEVEL OF SALES DECREASE

SALVATORE FERRAGAMO  EXEC: MOST IMPACTED MARKETS WERE U.S. AND EUROPE

SALVATORE FERRAGAMO  EXEC: WE ARE READY TO IMPLEMENT MID SINGLE DIGIT PRICE INCREASE IN THE US AND FINE TUNING PRICES IN OTHER GEOGRAPHIES TO BALANCE THE PRICE GAP

SALVATORE FERRAGAMO  EXEC: SALES IN APRIL HAD NEGATIVE TREND

Further company coverage: SFER.MI

 (Reporting by Milan Newsroom)