Italian luxury group Salvatore Ferragamo posted a stronger-than-expected 1.7 percent rise in quarterly sales, as it begins implementing turnaround measures while continuing its search for a new chief executive.
Revenues reached €221 million ($258 million) in the July-September period, with double digit growth in North America outweighing a slowdown in Asia, the company said on Thursday.
The figure is above a Visible Alpha analyst consensus forecast of €208 million.
The Florentine group,…

