Luxury group Salvatore Ferragamo has reported product sales revenues of €217.6 million for the first quarter of 2025. This is a fall of 0.9% compared to the same quarter in 2024. By Leatherbiz.

During the quarter, the group’s biggest-selling category was leathergoods, which brought in €96.2 million. The figure for footwear was €92.1 million. Ferragamo reported growth of 9.8% for leathergoods year on year, while its footwear revenues fell by 10.1%.

It also brought in revenues of €13 million for apparel and €16.2 million for “silk and other”, signifying declines in both these categories of 2.6% and 2.9% respectively.

On reporting its first-quarter results, the Florence-based company said leather was its core business and would continue to be its main priority. It said efforts to carry over from previous seasons popular handbags such as Hug, as well as introducing successful new models such as Soft (pictured) had driven the positive performance of its leathergoods category in the first three months of 2025.

In footwear, it said it would focus on key models, including ballerina and pumps for women and elegant-formal shoes for men.