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Fashion Jobs
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Giorgio Armani Beauty Business Manager - Brown Thomas Limerick
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Assistant Store Manager - bt Dublin H/F
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Sales Assistant f/m - Full -Time - Brown Thomas Dublin
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MAJE
Store Manager - Maternity Cover - Kildare Outlet
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Sales Assistant - 7.5 Hours - Kildare Mixte m/f
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MAC
Mac - Retail Artist - bt2, Dundrum - 24 Hours - Part-Time - Permanent
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MAC
Mac Cosmetics - Key Holder - Limerick, Brown Thomas - 37.5 Hours - Full Time, Temporary
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MAC
Mac Cosmetics - Key Holder - Blanchardstown, bt2 - 37.5 Hours - Full Time, Permanent
Permanent · Dublin
MAC
Mac Cosmetics - Retail Artist - bt2, Blanchardstown - 24 Hours - Part Time, Permanent
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RITUALS
Rituals Advisor
Permanent · Cork
RITUALS
Assistant Store Manager
Permanent · Dublin
LEVI'S
vm/Sales Stylist 20+ Hours pw
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LA MER
la Mer - Counter Manager - Brown Thomas, Galway - 37.5 Hours - Full-Time - Permanent
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RITUALS
Rituals Advisor
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L'OREAL GROUP
IT Cosmetics Beauty Advisor bt2 Dundrum (Fixed Term 6 Months)
Fixed-term · Dublin 16
L'OREAL GROUP
l'Oréal Designer Fragrances - Mobile Fragrance Expert Dublin
Permanent · Dublin
L'OREAL GROUP
Lancôme Make-up Artist - Brown Thomas Dublin
Permanent · Dublin
L'OREAL GROUP
Kiehl's Customer Representative (Kcr) Arnotts, Dublin
Permanent · Dublin
HUGO BOSS
Supervisor - Dublin Grafton Street
Permanent · Dublin
RITUALS
Counter Manager
Permanent · Cork
SANDRO IRLANDE
Sales Assistant - 15 Hours - Kildare Mixte m/f
Permanent · NEW YORK
RITUALS
Rituals Advisor
Permanent · Limerick
By
AFP
Translated by
Nicola Mira
Published
May 12, 2021
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Ferragamo sees sales growth, loss reduction in Q1

By
AFP
Translated by
Nicola Mira
Published
May 12, 2021

In Q1 2021, Italian luxury label Salvatore Ferragamo reported a net loss of €0.6 million as business was “volatile” owing to the Covid-19 pandemic, the label indicated in a press release.


Salvatore Ferragamo, Spring/Summer 2021 - Salvatore Ferragamo


This result was however better than expected by financial analysts, who had predicted a loss of €6 million, according to financial forecaster Factset Estimates.

The loss recorded by Ferragamo in the same period a year earlier was €41 million.

The label’s revenue in Q1 2021 was €245 million, up 10.3% compared to Q1 2020 and higher than the figure forecast by Factset Estimates, which was €240.6 million.

In the 2020 financial year, Ferragamo recorded a net loss of €72 million, as opposed to the €87 million net income recorded the previous year.

The Florentine luxury label has been beset by brand positioning problems, and experienced two tough years in 2017 and 2018. It began to get back on track in 2019, though the pandemic put the brakes on its recovery.

Asia-Pacific still remains the group’s main market, accounting for over 51% of sales. Ferragamo’s Asia-Pacific revenue in Q1 2021 grew by 51.7% at constant exchange rates compared to Q1 2020.

In China in particular, retail sales skyrocketed in Q1 2021, increasing by 128% at constant exchange rates over Q1 2020.

The economic situation remains “volatile owing to the pandemic, although it is showing signs of gradually recovering,” added Ferragamo in the press release.
 

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