Ferragamo CEO sees higher 2015 sales after ‘excellent’ February

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A shopper carries her purchases from the Salvatore Ferragamo boutique on Rodeo Drive in Beverly HillsItalian luxury group Salvatore Ferragamo expects its sales to grow this year after the Chinese New Year contributed to an “excellent” performance in February, Chief Executive Michele Norsa said on Sunday. Norsa said a weaker euro, lower oil prices, buoyant financial markets and the impact of the European Central Bank’s bond buying program were all factors supporting the 2015 outlook, despite ongoing global threats such as Islamic extremism.

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