Salvatore Ferragamo S.p.A.

NEW BOOK ENERGIZES MID-CAREER WOMEN BY PROMOTING INTENTIONAL SELF-ADVOCACY AND REJECTING SOCIETAL NORMS THAT HOLD WOMEN BACK

Retrieved on: 
Tuesday, March 19, 2024
Salvatore Ferragamo S.p.A., The Wall Street Journal, Next, USA Today, Zeal, The New York Times, Woman, The Ritz-Carlton Hotel Company, The Cheesecake Factory, Talent, Sale, University, Heel, Barnes & Noble, Publishing, Delta Air Lines, Multimedia, UCLA Health, Management

The book is on sale now via Amazon , Barnes & Noble , Amplify Publishing , and other major retailers.

Key Points: 
  • The book is on sale now via Amazon , Barnes & Noble , Amplify Publishing , and other major retailers.
  • Cynthia Bentzen-Mercer, cofounder of The Zeal of the Heel and founder of Bentzen Performance Partners, is a business executive, human capital strategist, author, and executive coach.
  • Kimberly is also the Wall Street Journal and USA Today bestselling author of Business Success Secrets.
  • Now, Near, Next is on sale now from Amazon , Barnes & Noble , Amplify Publishing , and other major retailers.

Brera Holdings Adds Luxury Lifestyle Executive Massimo Ferragamo to Its All-Star Advisory Board

Retrieved on: 
Wednesday, March 6, 2024
Salvatore Ferragamo S.p.A., Advisory board, MCO, Yum, Birks Group, Compensated emancipation, Philip Morris International, Family, Management

Ferragamo joins the recently named Advisory Board all-star team members Alan Rothenberg, Paul Tosetti, Giuseppe Rossi and Marshall Geller.

Key Points: 
  • Ferragamo joins the recently named Advisory Board all-star team members Alan Rothenberg, Paul Tosetti, Giuseppe Rossi and Marshall Geller.
  • “In addition to leading one of the most famous global luxury fashion houses, with his family, Massimo Ferragamo’s name is synonymous with elevated lifestyle, so his valued perspective is the perfect addition to our all-star Advisory Board.
  • Massimo Ferragamo is the Chairman of Ferragamo USA, Inc., which he has led since 2000, after serving as that company’s President since 1985.
  • “We are truly blessed to strengthen an already amazing Advisory Board and are pleased to welcome Massimo, Alan, Paul, Marshall, and Giuseppe to Brera’s Advisory Board at this exciting time.

SALUTE TO SERVICE ADVANCES ASIAN VETERANS

Retrieved on: 
Tuesday, February 20, 2024
Salvatore Ferragamo S.p.A., Native, Hospital, Chanel, Congressional Gold Medal, Multimedia, Community engagement, Burberry, Fame Academy, Trauma, WWII, Hermes, PST, Veteran

LOS ANGELES, Feb. 20, 2024 /PRNewswire/ -- To promote positive public perception of Asian veterans and their legacy of service, Asian Hall of Fame presents Salute to Service on March 2, 2024 from 6:00 p.m. – 8:30 p.m. PST at Biltmore Los Angeles, 501 S. Grand Avenue, Los Angeles. Valet is $35 with event validation and dress code is suit and tie.

Key Points: 
  • LOS ANGELES, Feb. 20, 2024 /PRNewswire/ -- To promote positive public perception of Asian veterans and their legacy of service, Asian Hall of Fame presents Salute to Service on March 2, 2024 from 6:00 p.m. – 8:30 p.m. PST at Biltmore Los Angeles, 501 S. Grand Avenue, Los Angeles.
  • Antonio Taguba states, "American society is weakened by marginalizing Asian American, Native Hawaiian, Pacific Islander, and Native American veterans.
  • To amplify their mutual efforts to reverse the Rescission Act of 1946, Asian Hall of Fame awards the Asian Veterans Prize to The Filipino Veterans Recognition and Education Project.
  • Asian Hall of Fame is a cultural, educational, and humanitarian charity that transforms public perception of Asian and Indigenous legacy.

Inter Parfums, Inc. Reports Record 2023 Fourth Quarter and Full Year Net Sales

Retrieved on: 
Tuesday, January 23, 2024
Cosmetics, Retail, Specialty, Luxury, Growth, Montblanc, GUESS, Salvatore Ferragamo S.p.A., DKNY, Video game

Furthermore, compared to 2019, our sales were up 85% for both the fourth quarter and full year 2023.

Key Points: 
  • Furthermore, compared to 2019, our sales were up 85% for both the fourth quarter and full year 2023.
  • “Our European based operations grew sales by 2%, primarily due to Coach brand sales which rose 17% in the fourth quarter.
  • Considering Jimmy Choo and Montblanc sales growth of 78% and 50%, respectively, in the closing quarter of 2022, a modest decline in net sales for those two brands during the fourth quarter of 2023 was expected.
  • The Company’s full year 2024 guidance will be addressed in conjunction with the issuance of the 2023 fourth quarter and full year consolidated earnings results.

Inter Parfums, Inc. Reports Record 2023 Third Quarter Results

Retrieved on: 
Tuesday, November 7, 2023
Fashion, Other Retail, Cosmetics, Retail, Specialty, Lacoste, Salvatore Ferragamo S.p.A., Share repurchase, Advertising, Tobacco Advertising and Promotion Act 2002, Growth, Montblanc, Investment, Cryptocurrency, Pharmaceutical industry

“North America continued to be our largest market, with sales increasing 29% in the third quarter compared to the prior year period, and Western Europe followed at 24% sales growth.

Key Points: 
  • “North America continued to be our largest market, with sales increasing 29% in the third quarter compared to the prior year period, and Western Europe followed at 24% sales growth.
  • The Company’s regular quarterly cash dividend of $0.625 per share will be paid on December 31, 2023, to shareholders of record on December 15, 2023.
  • Over the course of the first nine months of 2023, the Company repurchased 85,060 shares at a cost of $11.3 million.
  • Management will host a conference call to discuss financial results and business developments beginning at 11:00 am ET on Wednesday, November 8, 2023.

Inter Parfums, Inc. Reports Record 2023 Third Quarter Net Sales

Retrieved on: 
Monday, October 23, 2023
Fashion, Luxury, Cosmetics, Retail, Department Stores, GUESS, DKNY, Montblanc, Growth, Kate Spade, Collection, Salvatore Ferragamo S.p.A., Lanvin, Coach, Abercrombie, Fashion design, Love

At comparable foreign currency exchange rates, consolidated net sales for three months and nine months ended September 30, 2023, increased 27% and 26%, respectively, compared to same periods last year.

Key Points: 
  • At comparable foreign currency exchange rates, consolidated net sales for three months and nine months ended September 30, 2023, increased 27% and 26%, respectively, compared to same periods last year.
  • “Our European based operations grew sales 18% during the third quarter, and all of our brands achieved top line growth.
  • Sales of our three largest brands, Coach, Montblanc, and Jimmy Choo increased by 32%, 20% and 6%, respectively.
  • We believe we are well positioned to meet the demand of our retailers and consumers on our way to another record year.”
    An update on the Company’s full-year 2023 guidance will be announced in conjunction with the issuance of third quarter 2023 consolidated results.

Lightsource bp ‘Tailors’ Multi-Buyer Solar PPA for Global Fashion Brand Collective

Retrieved on: 
Wednesday, October 18, 2023
Environment, Environmental Issues, Environmental Health, Utilities, Sustainability, Alternative Energy, Green Technology, Energy, Fashion, Retail, Zegna, Panzer corps, Salvatore Ferragamo S.p.A., PPA, Electricity, Power Marketing Administration, Zimmermann, Veritas Capital, Prada, Capri Holdings, Collaboration, Lightsource BP, Professional, Renewable energy, Light, Tapestry

Lightsource bp has signed an innovative collective virtual power purchase agreement (CVPPA) with The Fashion Pact , the largest CEO-led initiative for sustainability in the fashion and textile industry.

Key Points: 
  • Lightsource bp has signed an innovative collective virtual power purchase agreement (CVPPA) with The Fashion Pact , the largest CEO-led initiative for sustainability in the fashion and textile industry.
  • This collective deal enables businesses with global responsibilities but less intensive energy use to benefit from solar power and underpin the development of new renewable energy projects.
  • Spearheaded by Co-Chairs Helena Helmersson and Co-Founder Paul Polman, The Fashion Pact brings together fashion industry’s top leaders to drive progress and design collective solutions towards a nature-positive, net-zero future.
  • The Fashion Pact worked collaboratively with the Lightsource bp´s EMEA Power Markets team to create a bespoke PPA structure that would meet the needs of their members while satisfying the collective renewable electricity demand.

Inter Parfums, Inc. Reports Record 2023 Second Quarter Net Sales

Retrieved on: 
Monday, July 24, 2023
Cosmetics, Retail, Jewelry, Fashion, Seta, Love, Advertising, GUESS, Donna, Van Cleef & Arpels, COVID-19, Van Cleef, ERP, DKNY, Collection, Kate Spade, Boucheron, Montblanc, Growth, Girls' Life (magazine), News, Fashion design, Perfume, Salvatore Ferragamo S.p.A.

“We are very pleased to have achieved another record second quarter sales,” said Jean Madar, Chairman & Chief Executive Officer of Inter Parfums.

Key Points: 
  • “We are very pleased to have achieved another record second quarter sales,” said Jean Madar, Chairman & Chief Executive Officer of Inter Parfums.
  • Second quarter GUESS brand sales more than made up for the first quarter logjam we experienced due to the ERP implementation.
  • Of note, the significant growth in the quarter builds upon the 39% sales increase we reported for the second quarter of 2022.
  • “We will revise our guidance for net income per diluted share when we release our full second quarter results on August 8, 2023.

Father’s Day Finds and Summer Style Inspiration at South Coast Plaza

Retrieved on: 
Tuesday, June 13, 2023
Lifestyle, Jewelry, Luxury, Specialty, Department Stores, Fashion, Men, Retail, Family, Consumer, Restaurant, Bar, Crate & Barrel, Dior, Porsche Design, Spouse, Crate, Salvatore Ferragamo S.p.A., Woman, Fendi, Life, Prada, Beau Dick, Vacheron Constantin, Cartier

The gift of gratitude for the special people in our families should not be limited to one or two days a year.

Key Points: 
  • The gift of gratitude for the special people in our families should not be limited to one or two days a year.
  • Still, Father’s Day gives us a special occasion to honor those who have shown up for us and made a difference in our life and the lives of others.
  • For more than 50 years, South Coast Plaza has been the go-to gift buying spot for all of Southern California.
  • https://www.southcoastplaza.com/stories/2023/05/motorsport-inspired-athl...
    For dads, spouses, bosses, and beaus who are seemingly impossible to shop for, expert South Coast Plaza stylists are a fabulous resource to help him elevate his look.

Inter Parfums, Inc. Reports Record 2023 First Quarter Results

Retrieved on: 
Monday, May 8, 2023
Fashion, Other Retail, Cosmetics, Retail, Specialty, Oscar de la Renta, Treasury, Advertising, Travel, Swings, Sister Rose's Passion, Authenticity, GUESS, SG, Share repurchase, Abercrombie & Fitch, COVID-19, ERP, Abercrombie, History, DKNY, Choo, Interest, Acquisition, Investment, MCM, Boucheron, Salvatore Ferragamo S.p.A., Tourism, Fashion design, Video game, Pharmaceutical industry, Coach, Fierce, Montblanc

At comparable foreign currency exchange rates, consolidated first quarter net sales increased 27% from the first quarter of 2022.

Key Points: 
  • At comparable foreign currency exchange rates, consolidated first quarter net sales increased 27% from the first quarter of 2022.
  • Add to that, 2022 first quarter GUESS brand sales rose 36%, making for a difficult comparison.
  • In the first quarter of 2023, the Company initiated a small share repurchase program to purchase 166,060 shares.
  • Over the course of the first quarter of 2023, the Company repurchased 43,060 shares at a cost of $5.58 million.