Ferragamo Misses €1 Billion Milestone in 2025 Amid 5.7% Sales Decline

Ferragamo closes 2025 down. The Italian luxury fashion company ended the last financial year with a turnover of €976 million, a drop of 5.7% compared to the more than €1 billion recorded in 2024. Ferragamo has lost ground, especially in the Asian market.

As reported by the Italian luxury fashion company, direct-to-consumer sales for the full year stood at €752 million, 3.1% below those recorded in 2024. The channel where the luxury company has suffered the most continues to be wholesale, where Ferragamo has invoiced €191 million, down 17.5%.

By markets, the company recorded its biggest decline in Asia Pacific, where it recorded a 15.6% drop to €246 million. Japan, on the other hand, recorded a 6% drop to €78 million, while Europe recorded a 4.4% decline to €236 million and the United States stagnated sales.

Ferragamo recorded an 11.1% decrease in its footwear category, which accounts for almost half of its total sales

Ferragamo concludes the year with a decline in sales in its most important category, which accounts for almost half of its total sales. Footwear recorded a decline of up to 11.1%, reaching €409 million, compared to the €461 million recorded in 2024.

To reverse this trend, Ferragamo says it has carried out a comprehensive analysis of its business. In terms of its offer, the strategy is to strengthen its collections by focusing on footwear and leather goods and, above all, by seeking the economic efficiency of the collections.