Salvatore Ferragamo Italia SpA : 2013 01 31_Preliminary FY 2012 consolidated revenues

PRESS RELEASE

Salvatore Ferragamo S.p.A.:

FY 2012 Preliminary Consolidated Revenue figures

Excellent Growth in Sales for the Salvatore Ferragamo Group:

2012 Consolidated Revenues1at 1,153 million Euros up by 17% vs. 2011

Florence, 31 January 2013 - Salvatore Ferragamo S.p.A. (MTA: SFER), parent company of the Salvatore Ferragamo Group, one of the global leaders in the luxury sector, released the Group's Preliminary Consolidated Revenue1 figures for the fiscal year 2012, which amount to 1,153 million Euros up by 17 % vs. FY 2011.

Preliminary Consolidated Revenue1 figures for FY 2012

As of 31 December 2012, the Salvatore Ferragamo Group has posted Total Revenues1 of 1,153 million Euros, a 17% increase at current exchange rates (+12% in 4Q 2012), over the 986 million Euros recorded in FY 2011, showing significant growth in all geographical areas, product lines and distribution channels. Revenue1 growth at constant exchange rates has been 13% (+11% in 4Q
2012).
The Group's excellent Revenue1 growth, following the over 26% year-on-year increase consecutively recorded in FY 2010 and FY 2011, has been supported, both by the Wholesale and Travel Retail channel strong performance and by the Retail channel organic growth (8% like-for- like increase in FY 2012 vs. FY 2011), and is further confirmation of the success of Ferragamo's strategy focusing on top quality products and on its "Made in Italy" values, meeting the expectations and demand of the global customers.

Revenues1 by geographical area

The Asia Pacific2 area is confirmed as the Group's top market in terms of Revenues1, with a
turnover of 420 million Euros (representing about 37% of total) in FY 2012, up 18% (+13% in 4Q
2012). A major contribution was given by the retail channel, which recorded a growth of over
20% compared to the same period in 2011.

1 Preliminary/Non-Audited Revenues drafted according to IAS/IFRS International Accounting Principles.

2 The variations in Revenues are calculated at current exchange rate, unless differently indicated.

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Europe2 posted excellent growth figures, with an increase of 21%, compared to the same period in
2011, and +18% in 4Q 2012, further confirming the positive trend already registered in the first nine months of 2012 and the Ferragamo brand ability in attracting the international tourist flows.
Excellent sales growth was recorded also in North America2, with an increase of 16% compared to the same period in 2011 (+15% in 4Q 2012), almost entirely achieved on a like-for-like basis.
The Japanese market2 showed an increase in Revenues1 of 5% (-2% decrease in local currency) in FY 2012, supported by the favourable impact of the exchange rate. In 4Q 2012 the revenues variation was about -5% both at current and constant exchange rates.
Revenues1 in Central and South America2 also showed excellent results with an increase of 27% (+21% in 4Q 2012).

Revenues1 by distribution channel

As of 31 December 2012, the Salvatore Ferragamo Group's Retail network can count on 338
Directly Operated Stores (DOS), while the Wholesale and Travel Retail channel includes 268 Third Party Operated Stores (TPOS), as well as presence in Department Stores and high-end multi-brand Specialty Stores.
In FY 2012 the Retail distribution channel2 posted consolidated Revenues1 of 753 million Euros, a
14% increase (+ 12% in 4Q 2012) over the 658 million Euros posted as of 31 December 2011.
The growth marked a 8% increase at constant exchange rates and perimeter (like-for-like) in FY
2012, with a 7.8% increase in 4Q 2012 vs. 4Q 2011.
The Wholesale and Travel Retail channel2 delivered an excellent performance in FY 2012 growing, from 313 million Euros in FY 2011, to 381 million Euros and marking a 22% increase (+
11% in 4Q 2012).

Revenues1 by product category

All product categories delivered a strong increase in Revenues1. Especially remarkable the increased revenues in footwear (+20%) and in handbags and leather accessories (+16%),
representing around 75% of Group Total Turnover, and in fragrances (+20%).

1 Preliminary/Non-Audited Revenues drafted according to IAS/IFRS International Accounting Principles.

2 The variations in Revenues are calculated at current exchange rate, unless differently indicated.

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The manager mandated to draft the corporate accounting documents, Ernesto Greco, pursuant to article 154-bis, paragraph 2, of Legislative Decree no. 58/1998 (Consolidated Financial Law), hereby declares that the information contained in this Press Release faithfully represents the content of documents, financial books and accounting records.

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Salvatore Ferragamo S.p.A.
Salvatore Ferragamo S.p.A. is the parent company of the Salvatore Ferragamo Group, one of the world's leaders in the luxury goods sector and whose origins date back to 1927. The Group is active in the creation, production and sale of shoes, leather goods, clothing, silk products and other accessories, as well as women's and men's perfumes.
The Group's product range also includes eyewear and watches, manufactured by licensees.
Attention to uniqueness and exclusivity, with a perfect blend of style, creativity and innovation enriched by the quality and craftsmanship of the 'Made in Italy' tradition, have always been the hallmarks of the Group's products.
With over 3,000 employees and a network of 606 single-brand stores as of 31 December 2012, the Ferragamo Group operates in Italy and worldwide through companies that allow it to be a leader on European, American and Asian markets.
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For further information:

Salvatore Ferragamo S.p.A.

Alessandro Corsi

Group Investor Relations Director

Paola Pecciarini

Group Investor Relations

Tel. [phone] [e-mail]

Image Building

Giuliana Paoletti, Mara Baldessari, Alfredo Mele

Media Relations

Tel. [phone] [e-mail]

ThisPressReleaseisalsoavailableonthewebsitehttp://group.ferragamo.com ,inthesection

"Investor Relations".

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On the following pages a more detailed analysis of Revenues1 of the Salvatore Ferragamo Group as of 31 December 2012.
Revenue1 by geographic area as of 31 December 2012

(In thousands of Euro) Period e nde d at 31 De ce mbe r

at constant exchange rates

2012

%weight on

tot 2012 2011

%weight on tot 2011

2012 v s

2011%

2012 v s

2011%

Europe 289,429 25.1% 238,364 24.2% 21.4% 20.4% North America 256,900 22.3% 221,337 22.4% 16.1% 15.2% Japan 134,181 11.6% 127,832 13.0% 5.0% -2.1% Asia Pacific 420,294 36.5% 357,698 36.3% 17.5% 12.4% Latin America 52,034 4.5% 41,144 4.2% 26.5% 23.4%

Total 1,152,839 100.0% 986,375 100.0% 16.9% 13.4%

Revenue1 by distribution channel as of 31December2012

(In thousands of Euro) Period e nde d at 31 De ce mbe r

at constant exchange rates

2012

%weight on

tot 2012 2011

%weight on tot 2011

2012 v s

2011%

2012 v s

2011%

Wholesale 380,702 33.0% 313,061 31.7% 21.6% 19.3% Retail 753,337 65.3% 658,322 66.7% 14.4% 10.4% Licences 10,488 0.9% 7,614 0.8% 37.7% 37.7% Rental income 8,312 0.7% 7,378 0.7% 12.7% 4.0%

Total 1,152,839 100.0% 986,375 100.0% 16.9% 13.4%

1 Preliminary/Non-Audited Revenues drafted according to IAS/IFRS International Accounting Principles.

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Revenue1 by product category as of 31 December 2012

(In thousands of Euro) Period e nde d at 31 De ce mbe r

at constant exchange rates

2012

%weight on

tot 2012 2011

%weight on tot 2011

2012 v s

2011%

2012 v s

2011%

Shoes 506,175 43.9% 423,057 42.9% 19.6% 15.9% Leather goods & handbags 359,775 31.2% 309,040 31.3% 16.4% 13.0% RTW 108,045 9.4% 102,519 10.4% 5.4% 1.6% Silk & other accessories 89,800 7.8% 78,417 7.9% 14.5% 11.0% Fragrances 70,244 6.1% 58,350 5.9% 20.4% 19.2% Licences 10,488 0.9% 7,614 0.8% 37.7% 37.7% Rental income 8,312 0.7% 7,378 0.7% 12.7% 4.0%

Total 1,152,839 100.0% 986,375 100.0% 16.9% 13.4%

1 Preliminary/Non-Audited Revenues drafted according to IAS/IFRS International Accounting Principles.

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