The Italian fashion group Salvatore Ferragamo SpA ended the 2025 financial year with a decline in sales. This emerges from preliminary figures that the company published on Tuesday.
In the fourth quarter of 2025, sales amounted to 282 million euros. This corresponds to a decrease of 3.2 percent (-2.0 percent adjusted for currency effects) compared to the same period last year. Sales for the entire financial year were 977 million euros. This means that it fell by 5.7 percent compared to 2024 (-3.8 percent adjusted for currency effects).
In the company’s own retail sector, annual sales fell by 3.1 percent, although after adjusting for currency effects they were slightly above the previous year’s level (+0.4 percent). Positive results at constant exchange rates in the USA, Europe and Latin America offset the negative development in Asia.
In the wholesale business, sales fell by 23.5 percent in the fourth quarter (-30.6 percent adjusted for currency effects). This was due, among other things, to a greater concentration on its own retail and key customers, with the aim of strengthening the brand image. In the entire 2025 financial year, the wholesale channel recorded a decline in sales of 17.5 percent (-17.1 percent adjusted for currency effects).
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