Salvatore Ferragamo SpA
SFER: XMIL (ITA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€2.50 | Fmyfs | Xfgmbqvs |
Salvatore Ferragamo Still Struggles With Turnaround
Business Strategy and Outlook
Salvatore Ferragamo is an Italian monobrand company mainly known for its footwear and accessories. We believe the firm benefits from relatively strong control over distribution (73% of revenue is retail), while its strong representation in airport locations (about 150 travel retail stores) positions it well to benefit from growth in global travel flows and tourist luxury spending.