Salvatore Ferragamo SpA
SFER: XMIL (ITA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|b$ | LOCK|v?M | LOCK|p@s#hl |
Ferragamo Continues to Lag Peers in Difficult Macro Environment
Business Strategy and Outlook
Salvatore Ferragamo is an Italian monobrand company mainly known for its footwear and accessories. We believe the firm benefits from relatively strong control over distribution (over 70% of revenue is retail), while its strong representation in airports positions it well to benefit from growth in global travel flows and tourist luxury spending.
