Ferragamo CEO sticks to core profit guidance despite China slowdown

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The chief executive of Italian luxury goods maker Salvatore Ferragamo (SFER.MI) stuck on Sunday to last month’s profit guidance despite slowing growth in Asia, its biggest market. Speaking to analysts in late August, the chief financial officer of Ferragamo said … Read More

Bulgari CEO Sees `Very Positive Results’ in China in 2015

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The impact of China’s slowing growth on luxury-goods sales shouldn’t be overstated, according to Jean-Christophe Babin, chief executive officer of Italian jeweler Bulgari. “It’s not a catastrophe, it’s a correction,” Babin said Wednesday in an interview with Bloomberg Television at the … Read More

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