Salvatore Ferragamo & Luxury Retail Unit Economics
Former CFO at Amplifon
inpractise.com/articles/salvatore-ferragamo-luxury-scale
Why is this interview interesting?
- How luxury buying processes are changing post-covid
- Challenges for subscale luxury brands taking risk on new collections
- Incremental margins direct vs wholesale channels
- Landlord negotiations and typical rent terms and prices
- How open-to-buy strategies can improve working capital for brands
- How Benetton approaches online distribution
- Merger opportunities between subscale brands; Ferragamo, Moncler, Tod’s, etc
Salvatore Ferragamo & Luxury Retail Unit Economics(March 4, 2021)
Ugo Giorcelli
Former CFO at Amplifon
Interview Transcript
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