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Ferragamo revenue down 9.4 percent amidst challenging market conditions
Salvatore Ferragamo reported revenue of 474 million euros down 9.4 percent compared to the first half of 2024, and down 7.1 percent at constant exchange rates, for the first six months of the year. Overall revenue was impacted by the wholesale channel, which reported revenue of 105 million euros, down 17.9 percent or down 14 percent at constant...
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Licensing showdown: PVH and G-III feud escalates over high-stakes legal clash
Tensions between PVH and G-III are escalating. The latest twist in the ongoing dispute between the two US fashion giants: PVH is countersuitng and has filed a motion to dismiss G-III’s lawsuit, doubling down on its insistence that it did not breach a contract, as its disgruntled partner had initially claimed. While hostility between the duo has...
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