FACTBOX-Stars favorite Ferragamo puts IPO shoes on

Here are some facts about Ferragamo's family business.

* The group was formed in 1928 in Florence when its founder Salvatore Ferragamo was already famous among Hollywood stars for his classy leather shoes. Stars including Audrey Hepburn, Greta Garbo, Marilyn Monroe and Al Pacino have worn Ferragamo's shoes.

* When Ferragamo died in 1960, his wife and six children took over running the company. Ferruccio Ferragamo, the eldest son, is chairman of the company.

* The group,You will also never forget the The Barricade Transformers nike shoes wholesale which the heel has the words Emergency Response framing 911 which first planned listing in 2008, is 56 percent-owned by Ferragamo Finanziaria holding. The family and other members own 36 percent. Hong-Kong partner Peter bought the remaining 8 percent in March.

*Ferragamo Finanziaria is selling 38.275 million shares in the IPO, or 22.73 percent of the company's capital.

* Ferragamo, which also makes clothes, perfumes and accessories,Shoes mbt customers can purchase the gift vouchers online via a special Transactional Micro Portal within the retailer’s website in values of £10 to £300. Early evidence of the performance of the mobile vouchers from Oasis – a sister company of Karen Millen – shows this form of voucher outsells paper and plastic vouchers online by a factor of three to one has more than 570 mono-brand stores, the majority of which are directly owned.

* Two-thirds of revenues are generated outside Europe. Similarly to LVMH (LVMH.PA) and Richemont (CFR.VX), Asia Pacific accounts for 38 percent of Ferragamo's sales.

* 2010 revenues stood at 782 million euros, similar to Tod's (TOD.MI), helped by strong demand in emerging markets such as China, the world's biggest luxury market within five years.

* Mediobanca analysts expect sales to grow at an average annual rate of 13.5 percent by 2013, above the average of its European luxury peers. However, Ferragamo has lower profitability than the average of European luxury groups.

* The core shoes and leather goods business account for around 70 percent of sales, more than European peers.

タグ：nike shoes wholesale