After more than 10 years of false starts and unfulfilled promises, conversations with management and recent results, including double-digit sales growth in the USA, suggest Salvatore Ferragamo is moving in the right direction as it executes on the strategic plan the company set last year: “Timeless Italian Luxury with a Twist.” Indeed, we see the makings of a possible turnaround as Ferragamo tackles shortcomings and benefits from market shifts.
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