Italian luxury house Salvatore Ferragamo has swung back into profit for the first half of 2026, even as revenue slipped 1.3 per cent, with stronger direct-to-consumer sales, improved margins and tighter cost control driving the turnaround. The result marks a notable step forward for a brand working to steady its finances amid a mixed luxury market.
EBITDA for the half rose to €90 million, about $97.8 million, while the group posted a net profit of €1.5 million, roughly $1.63 million. The improvement points to early payoff from a strategic pivot toward direct sales channels, which have helped offset softer demand from wholesale partners.
North America stood out as a particular bright spot for growth, and the company also managed to trim inventory levels, a sign of tighter supply chain discipline. With online sales continuing to gain momentum, Ferragamo’s ability to balance its channel and regional mix will be key to sustaining the recovery in the months ahead.
Source: fibre2fashion.com