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Salvatore

Technical Summary

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News

European luxury names slide after Kering's warning

BUZZ-European luxury names slide after Kering's warning ** Shares in European luxury stocks move lower on Wednesday after Kering PRTP.PA warned that first-quarter sales at its star label Gucci would drop by around 20% due to weakness in Asia ** "A rather worrying signal for the luxury goods sector," Citi analysts say in a note ** Kering dives aroun
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Ferragamo drops on cautious outlook, weak start to 2024

BUZZ-Ferragamo drops on cautious outlook, weak start to 2024 ** Shares in Salvatore Ferragamo SFER.MI fall 3.1% after the Italian luxury goods group posted FY results, with analysts pointing to vague outlook and negative start of the year ** "Notwithstanding some impact of the current market backdrop on the timing of our initial assumptions, we con
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Italy - Factors to watch on March 7

Italy - Factors to watch on March 7 The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY OECD releases February composite leading indicator data (1100 GMT).
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Italy - Factors to watch on March 7

Italy - Factors to watch on March 7 The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . ECONOMY OECD releases February composite leading indicator data (1100 GMT).
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Ferragamo sales softer in January, February in line year-on-year, CEO says

BRIEF-Ferragamo sales softer in January, February in line year-on-year, CEO says March 6 (Reuters) - Ferragamo Chief Executive Marco Gobbetti tells analyst call: ITALY'S FERRAGAMO CEO:SALES IN JANUARY WERE SOFTER, WHILE IN FEBRUARY WERE IN LINE YEAR ON YEAR ITALY'S FERRAGAMO CEO: ACQUISITION OF MINORITIES IN CHINA WILL GIVE CO MORE FLEXIBILITY IN T
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