The Traderszone Network

Published in TZ Latest News 1 March, 2015 by The TZ Newswire Staff

Ferragamo CEO sees higher 2015 sales after ‘excellent’ February

Italian luxury group Salvatore Ferragamo (SFER.MI) expects its sales to grow this year after the Chinese New Year contributed to an “excellent” performance in February, Chief Executive Michele Norsa said on Sunday. Norsa said a weaker euro, lower oil prices, buoyant financial markets and the impact of the European Central Bank’s bond buying program were all factors supporting the 2015 outlook, despite ongoing global threats such as Islamic extremism.