​Salvatore Ferragamo S.p.A is an Italian luxury goods company, specializing in shoes, leather goods and ready-to-wear for men and women. With about 4,000 employees and a network of over 660 mono-brand stores, the Ferragamo Group runs operations in Italy and worldwide, which provide the brand with a broad footprint in Europe, America and Asia. With a new strategy and a new CEO in place, the company expects to outperform average luxury sector sales growth by a factor of two, driving annual gains of 8 percent each year until 2020, by which time the company plans to hit €2 billion in revenue. We divide our report in 3 sectors:
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Salvatore Ferragamo creates, produces and sales goods for men and women: footwear, leather goods, apparel, silk goods, jewels, other accessories and fragrances. as well as eyewear and watches manufactured under license by third parties. Co. sells its products through: a network of single Salvatore Ferragamo brand stores, managed both directly and by third parties; and presence in department stores and multibrand specialty stores. Co.'s fragrances product category involves the creation, development and production of fragrances and related products under the Salvatore Ferragamo brand. Co. is also active in the licensing of the Salvatore Ferragamo brand and in real estate management.
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