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SFER — Salvatore Ferragamo News Story

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Ferragamo beats market expectations with a 1.7% increase in third-quarter revenues

MILAN, Oct 23 (Reuters) - Revenues at Italian luxury group Salvatore Ferragamo SFER.MI rose by 1.7% at constant exchange rates in the third quarter, driven by double-digit growth in North America which outweighed a slowdown in Asia, the company said on Thursday.

Revenues totalled 221 million euros ($257.73 million) in the period, above analysts' expectations of 208 million euros, according to the consensus of forecasts compiled by Visible Alpha.

($1 = 0.8575 euros)

 (Reporting by Elisa Anzolin, editing by Gavin Jones)

 ((elisa.anzolin@thomsonreuters.com; 0039 0266129692;))

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