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ferragamo

February 22, 2019

Trussardi is the latest Italian family-owned heritage brand to accept a buy-out following a €50 million deal with an asset management firm that targets struggling businesses.

Trussardi is the latest Italian family-owned heritage brand to accept a buy-out following a €50 million deal with an asset management firm that targets struggling businesses.

The 108-year-old fashion house said the injection from QuattroR would underwrite its five-year international development plan. The plan was agreed with Tomaso Trussardi, the third-generation chief executive who will act as chairman of the new entity.

October 24, 2018

Wanda Ferragamo dies aged 96, Dyson to manufacture new electric vehicle in Singapore, Shahid Khan withdraws offer to buy Wembley Stadium.

Wanda Ferragamo, matriarch of fashion empire Salvatore Ferragamo, dies aged 96

Wanda Ferragamo, who is credited with expanding her husband’s shoe business into the global fashion brand Salvatore Ferragamo, has died at her home in Fiesole, Italy aged 96.

The Ferragamo family issued a statement confirming her death, but did not disclose a cause. She is survived by her four children—Giovanna, Ferruccio, Massimo and Leonardo.

The business has annual revenue of about $1.6 billion, according to Bloomberg News.

June 5, 2018

The annual European Families in Business Awards is a golden opportunity to see great examples of family businesses adapting and leading in their respective industries, while preserving proud traditions.

Automation, disruption, and the rise of artificial intelligence—all these 21st century technology trends can be seen as both challenges to existing family businesses and opportunities. Two vital ingredients to help business families prosper in the future and use these trends to their advantage are adaptation and leadership.

The annual European Families in Business Awards is a golden opportunity to see great examples of family businesses adapting and leading in their respective industries, while preserving proud traditions.

November 18, 2013

Italian family businesses Exor and Ferragamo both saw dramatic increases in profit in the third quarter of 2013, while revenue at Italian refinery business Saras was badly hit by the falling price of oil.

Italian family businesses Exor and Ferragamo both saw dramatic increases in profit in the third quarter of 2013, while revenue at Italian refinery business Saras was badly hit by the falling price of oil.

Bouygues
French telecommunication and construction company Bouygues, controlled by the eponymous family, reported third-quarter sales of €9,048 billion – level with the same period last year, but revenues for the first nine months of 2013 dipped 1% to €24,255.

August 30, 2013

Hermes surprises with strong profits for the first half, while Ferragamo and Folli Follie also see profits up. Exor sees profits soar due to SGS sale.

Hermes surprises with strong profits for the first half, while Ferragamo and Folli Follie also see profits up. Exor sees profits soar due to SGS sale.

Hermes
Strong demand for leather and silk accessories has seen French luxury group Hermes beat forecasts for its first half operating profit, up 14% to €584 million.

The fashion group said growth was balanced in all regions, with Asia ex-Japan and the Americas both seeing growth of 17% compared to the previous year.

March 25, 2013

Some of Europe’s best-known family businesses reported a mixed bag of results recently, with the luxury groups unsurprisingly notching up the highest growth.

Some of Europe’s best-known family businesses reported a mixed bag of results recently, with the luxury groups unsurprisingly notching up the highest growth.

Wates

February 5, 2013

Family businesses in Europe and the US have been reflecting on 2012 – with encouraging results reported by Luxottica, Ferragamo, LVMH and Paccar. Meanwhile, Estee Lauder posted strong sales for its second quarter.

Family businesses in Europe and the US have been reflecting on 2012 – with encouraging results reported by Luxottica, Ferragamo, LVMH and Paccar. Meanwhile, Estee Lauder posted strong sales for its second quarter.

August 30, 2012

It has been a week of contrasting fortunes for Italian family businesses as Exor’s half-yearly profits plummeted while Ferragamo’s rose significantly.

It has been a week of contrasting fortunes for Italian family businesses as Exor’s half-yearly profits plummeted while Ferragamo’s rose significantly. Meanwhile, France's Pernod Ricard reported an increase in full-year earnings and Malaysian investment group Genting Berhad posted lower quarterly profits.

July 12, 2012

Ferragamo is one of the world’s most iconic fashion brands. It’s also one of Italy’s greatest family businesses. CampdenFB speaks to Ferruccio Ferragamo about the family, the business and the luxury market.

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