Ferragamo reports revenue up 44.2% for H1

Italy
Published:  15 September, 2021
Credit: Ferragamo

The Italian fashion house has reported its H1-2021 results, showing revenue up 44.2% year-on-year, and net profit of €33 million.

The company also reported operating profit (EBIT) of €66 million for the first half of the year, noting that the positive financial results have been achieved despite continuing Covid-19 lockdowns and restrictions.

As of June 30, 2021, the group was operating with 53% of retail stores at full capacity and revealed that direct e-commerce revenue was up 70.6% for the first half of 2021.