Salvatore Ferragamo S.p.A.

Salvatore Ferragamo S.p.A.
Company typePublic (società per azioni)
BITSFER
ISINIT0004712375
IndustryFashion
Founded1927 (1927) in Florence, Italy
FounderSalvatore Ferragamo
Headquarters,
Italy
Number of locations
447 (2022)
Area served
Worldwide
Key people
Products
RevenueIncrease 1.136 billion[1] (2021)
Increase 143.480 million[1] (2021)
Increase 81.137 million[1] (2021)
Total assetsDecrease 1.010 billion[1] (2021)
Total equityIncrease 785.879 million[1] (2021)
OwnerFerragamo Family (65%)[2]
Number of employees
3887[1] (2021)
Websiteferragamo.com

Salvatore Ferragamo S.p.A., doing business as Ferragamo, (Italian: [salvaˈtoːre fɛrraˈɡaːmo]) is an Italian luxury fashion house focused on apparel, footwear, and accessories headquartered in Florence, Italy. It specializes in designing and manufacturing footwear and leather goods, which together account for over 86% of its revenue.[1][3] The remaining products include ready-to-wear, silk products, fashion accessories, and licensed eyewear, watches, and perfumes.[1] It operates 447 mono-brand stores worldwide as of September 2022.[4]

The company was founded in 1927 by Salvatore Ferragamo in Florence, Italy. It went public on the Borsa Italiana in 2011, but the Ferragamo family has remained majority shareholders with approximately 65% stakes in the company.[2] British designer Maximilian Davis has been the creative director of Ferragamo since March 2022.[5]

  1. ^ a b c d e f g h "Annual Report 2021" (PDF). Group.ferragamo.com. Retrieved September 9, 2022.
  2. ^ a b Barbaglia, Pamela; Cristoferi, Claudia (October 21, 2020). "EXCLUSIVE-Ferragamo family explores stake sale to drive Italian fashion brand revamp - sources". Reuters. Retrieved September 9, 2022.
  3. ^ Chevalier, Michel; Mazzalovo, Gerald (2012). "3". Luxury Brand Management (2nd ed.). Singapore: John Wiley & Sons. p. 53. ISBN 978-1-118-17176-9. OCLC 909366849.
  4. ^ "All Salvatore Ferragamo Stores". Ferragamo.com. Salvatore Ferragamo. Retrieved September 9, 2022.
  5. ^ Yotka, Steff (March 14, 2022). "Maximilian Davis Takes the Top Job at Ferragamo". Vogue. Retrieved September 9, 2022.