×
56 792
Fashion Jobs
LULULEMON
Assistant Manager, Operations | Wellesley
Permanent · Wellesley
LULULEMON
Assistant Manager, Operations | s. Galena Street (Aspen, CO)
Permanent · Aspen
LULULEMON
Assistant Manager, Operations (Contract) | West County Center
Permanent · St. Louis
MACY'S
Asset Protection Captain, Fresno Fashion Fair - Full Time
Permanent · Fresno
MACY'S
Asset Protection Detective, Visalia - Full Time
Permanent · Visalia
MACY'S
Asset Protection Detective, Boynton Beach - Full Time
Permanent · Boynton Beach
MACY'S
Asset Protection Detective, White Marsh - Full Time
Permanent · Nottingham
MICHAEL KORS
f/t Sales Supervisor, Christiana Mall
Permanent · Newark
NORDSTROM
Assistant Manager - Specialty Coffee - Grove at Farmer's Market
Permanent · Los Angeles
NORDSTROM
Asset Protection - Agent - San Leandro Rack
Permanent · San Leandro
NORDSTROM
Asset Protection - Security Ambassador - Towson Town Center
Permanent · Towson
ROSS STORES
Store Protection Specialist
Permanent · Englewood
ROSS STORES
Store Protection Specialist
Permanent · Pembroke Pines
MACY'S
Asset Protection Detective, Lakeforest - Full Time
Permanent · Gaithersburg
MACY'S
Asset Protection Detective, Easton - Full Time
Permanent · Columbus
MACY'S
Asset Protection Detective, Auburn - Full Time
Permanent · Auburn
MACY'S
Asset Protection Detective, Santa Anita - Full Time
Permanent · Arcadia
TJ MAXX
ft Loss Prevention Detective Now Hiring
Permanent · Hartsdale
TJ MAXX
ft Loss Prevention Detective Now Hiring
Permanent · Yonkers
ADIDAS
Senior Specialist, HR - Covid Pmo - Limited Duration (Until End of Year)
Permanent · Portland
ADIDAS
Senior Director, Sport Brand Communications
Permanent · Portland
ADIDAS
Senior Manager Human Resources - Brand And Business Development
Permanent · Los Angeles
By
Reuters API
Published
Mar 12, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Ferragamo's core profit falls 14 percent in 2018 as turnaround costs weigh

By
Reuters API
Published
Mar 12, 2019

Italy's luxury shoemaker Salvatore Ferragamo posted a 14 percent drop in 2018 core profit, undermined by the costs of a turnaround plan in the face of falling sales.


@ferragamo



The luxury leather goods company has struggled in the last two years to rejuvenate its brand and captivate essential younger customers.

The company appointed a new chief executive, Micaela Le Divelec, in July after a failed attempt to revamp the business by former boss Eraldo Poletto, who stepped down after less than two years in the job.

Ferragamo said on Tuesday that earnings before interest, taxes, depreciation and amortisation (EBITDA) fell to 214 million euros (183.2 million pounds) in 2018, in line with analyst expectations, according to Refinitiv data.

The company had reported in January a 1.4 percent decline in full-year like-for-like sales.

Ferragamo, which trimmed its dividend to 0.34 euros per share from 0.38 euros a year ago, said in a statement it had little visibility in the current macroeconomic and market environment and was working to restore sustainable growth in the medium term.

© Thomson Reuters 2022 All rights reserved.