Leadership And StrategyFerragamo continues to navigate a prolonged turnaround, marked by leadership transitions and ongoing efforts to refine its strategic direction.
US TariffsUncertainty surrounding U.S. tariffs and their possible detrimental impact on consumer confidence across the U.S., Europe, and China, weighs on Ferragamo's 2025 outlook.
Wholesale WeaknessThe wholesale weakened further in 4Q24 to -19% at c.FX from -13% in 3Q24, in contrast with management commentary in October.