MILAN Jan 31 Italy's celebrity shoemaker
Salvatore Ferragamo reported a 17 percent growth in
2012 sales to 1.15 billion euros, meeting analyst forecasts,
thanks to its growing exposure to wealthy travellers from
That compares with a weighted average forecast of 1.15
billion euros by analysts polled by Thomson Reuters StarMine.
The Tuscan-based group, whose shoes have been worn by
legendary actress Audrey Hepburn and pop icon Lady Gaga,
reported a sale increase of 12 percent in the fourth quarter,
with a positive performance also in Europe.
Sales in Europe increased 18 percent in the fourth quarter,
while Asia Pacific, which represents 37 percent of total
turnover, rose 13 percent.
(Reporting by Antonella Ciancio, editing by Danilo Masoni)