The Italian luxury goods group Ferragamo achieved growth in the second quarter of 2026 for the first time in a long while. Currency-adjusted sales rose by 4,6 percent to €259 million. In the first half of the year, revenues increased by 1,9 percent to €468 million.
The direct customer business performed particularly well. Sales in the company's own stores and in e-commerce rose by 6,6 percent in the second quarter, adjusted for currency effects. At the same time, profitability improved significantly: After a loss in the same period last year, Ferragamo achieved a net profit of 1,5 million euros in the first half of the year.
The shoe business also contributed to the recovery. This division recorded a 5,1 percent increase in sales in the first half of the year and, together with leather goods, remains the company's most important product category. These two areas account for more than 86 percent of total sales.
“The progress of our repositioning is becoming increasingly visible,” Ferragamo explained. Growth drivers were primarily the direct sales channels, while the wholesale business continues to suffer from the strategic streamlining of the distribution network.
