In 2023, Salvatore Ferragamo registered a worldwide revenue of approximately 1.16 billion euros. The company’s overall revenue increased since 2011. However, the figure reported in 2023 represented a decreasing trend after the previous year's bounce-back.
Most successful markets
As many Italian luxury fashion companies, Ferragamo relies heavily on the growth in foreign markets. For example, in 2023, a large percentage of the company’s turnover originated from abroad. In relative terms, Asia Pacific was the region where Ferragamo generated the highest share of its revenue.
Leader in the leather footwear sector
Ferragamo is one of the leading companies in the manufacturing of leather footwear and Italy is one of the main producers of leather footwear in Europe. The sector is world-renowned and in 2020 it generated a turnover of over 10 billion euros in the country.
Worldwide revenues of Salvatore Ferragamo from 2011 to 2023
(in million euros)
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Salvatore Ferragamo. (March 28, 2024). Worldwide revenues of Salvatore Ferragamo from 2011 to 2023 (in million euros) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/619895/revenues-salvatore-ferragamo-in-italy-timeline/
Salvatore Ferragamo. "Worldwide revenues of Salvatore Ferragamo from 2011 to 2023 (in million euros)." Chart. March 28, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/619895/revenues-salvatore-ferragamo-in-italy-timeline/
Salvatore Ferragamo. (2024). Worldwide revenues of Salvatore Ferragamo from 2011 to 2023 (in million euros). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/619895/revenues-salvatore-ferragamo-in-italy-timeline/
Salvatore Ferragamo. "Worldwide Revenues of Salvatore Ferragamo from 2011 to 2023 (in Million Euros)." Statista, Statista Inc., 28 Mar 2024, https://www.statista.com/statistics/619895/revenues-salvatore-ferragamo-in-italy-timeline/
Salvatore Ferragamo, Worldwide revenues of Salvatore Ferragamo from 2011 to 2023 (in million euros) Statista, https://www.statista.com/statistics/619895/revenues-salvatore-ferragamo-in-italy-timeline/ (last visited August 25, 2024)
Worldwide revenues of Salvatore Ferragamo from 2011 to 2023 (in million euros) [Graph], Salvatore Ferragamo, March 28, 2024. [Online]. Available: https://www.statista.com/statistics/619895/revenues-salvatore-ferragamo-in-italy-timeline/