(Bloomberg) -- Salvatore Ferragamo SpA, whose
luxury shoes have been worn by Audrey Hepburn and Ava Gardner,
will add U.S. and Chinese stores to increase growth before an
initial public offering planned for next year.
Seven outlets will open this year in the U.S., where same-
store sales are rising around 12 percent, in places such as
Boston, Chief Executive Officer Michele Norsa said yesterday in
an interview at a conference in Venice. The company plans to add
six stores in China as revenue jumps as much as 40 percent from
a year earlier on the same basis, he said.
Read more at Bloomberg Stocks News
luxury shoes have been worn by Audrey Hepburn and Ava Gardner,
will add U.S. and Chinese stores to increase growth before an
initial public offering planned for next year.
Seven outlets will open this year in the U.S., where same-
store sales are rising around 12 percent, in places such as
Boston, Chief Executive Officer Michele Norsa said yesterday in
an interview at a conference in Venice. The company plans to add
six stores in China as revenue jumps as much as 40 percent from
a year earlier on the same basis, he said.
Read more at Bloomberg Stocks News
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