Salvatore Ferragamo fragrance sales down 52.4% in full year 2020

Italian luxury group Salvatore Ferragamo’s revenue fell 33.5% to €916m in full year 2020 compared to 2019. Fourth-quarter revenue was down 20.4% compared to the same quarter last year.

The Fragrances division’s revenues in 2020 fell 52.4% year-over-year to €41.8m.

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