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ferragamo

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.

May 15, 2012

From Campari to Ferragamo, a number of family businesses across the world have seen their revenues grow during the first quarter of the year, while Canadian train and plane maker Bombardier has seen its sales nosedive. 

From Campari to Ferragamo, a number of family businesses across the world have seen their revenues grow during the first quarter of the year, while Canadian train and plane maker Bombardier has seen its sales nosedive.

In Italy, drinks company Campari, which is controlled by the Garavoglia family, said on 15 May that sales increased by 4% to €279.3 million during the first three months of 2012. Pre-tax profit at the Milan-based group also rose by 4.6% to €52.8 million during the quarter.

August 30, 2011

The luxury sector continues to be highly profitable for the family businesses operating within it with the latest results from top shoemaker Salvatore Ferragamo confirming the boom.

The luxury sector continues to be highly profitable for the family businesses operating within it with the latest results from top shoemaker Salvatore Ferragamo confirming the boom.

July 25, 2011

The family behind the luxury goods maker Ferragamo has upped its stake in the company by 2%, following a sale of shares by the Hong Kong-based Woo family.

The family behind the luxury goods maker Ferragamo has upped its stake in the company by 2%, following a sale of shares by the Hong Kong-based Woo family.

According to Reuters, the Ferragamo family’s holding company has increased its stake to 58.24% from its earlier 56%.

This rise came after the family’s long-time partner, businessman Peter Woo, cut his stake in the Italian shoemaker. Reuters said the company filing showed that Woo sold a 2% stake for €30.3 million, at €9 per share.

June 16, 2011

Italian luxury goods maker Ferragamo, controlled by members of the founding family, will list up to 25% of the family’s stake on the Milan stock exchange, as part of its plans to raise funds for expansion.

Italian luxury goods maker Ferragamo, controlled by members of the founding family, will list up to 25% of the family’s stake on the Milan stock exchange, as part of its plans to raise funds for expansion.

The company said that following the IPO, the Ferragamo family holding company will hold a 56% stake in the company, with another 11% held by individual family members. In March, the family sold an 8% stake to the Hong Kong-based Woo family in an attempt to strengthen its market presence in Asia.

April 14, 2011

Italian luxury goods maker Ferragamo, majority-controlled by members of the founding family, plans to list its shares in Milan, said reports.

Italian luxury goods maker Ferragamo, majority-controlled by members of the founding family, plans to list its shares in Milan, said reports.

The Florence, Italy-based Ferragamo has filed its initial public offering with the Italian stock exchange, according to Italy’s business newspaper Milano Finanza. Reports say it will list 30% of its shares in Milan by July. When contacted, the group was unavailable for comment. Reports also said that the listing, intended to fund expansion, could value the company at around $2 billion.

October 15, 2008

Caroline Neville is a woman credited with inventing fashion PR more than 45 years ago. Today her son and daughter are leading the charge in continuing the growth of the company she founded writes Claire Adler

There can't be many family businesses whose office dog has appeared in a fashion shoot on the pages of Glamour magazine. Or where the office manager is the founding family's re-trained childhood nanny.

Neville McCarthy Associates' current and former client list encompasses the worlds of lifestyle, luxury, beauty, wellbeing and food and drink.

July 1, 2006

Suzy Bibko is editor of Families in Business.

Marilyn Monroe once said, "A career is born in public, talent in privacy". Interesting words to mull over in the context of family business, where both careers and talent are expected to be born and honed in privacy. But what happens when the family firm goes public?

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