Salvatore Ferragamo posted revenue of 221 million euros ($233 million) for Q3, down 7.2% YoY at constant exchange rates and 9.6% at current exchange rates, primarily due to weak performance in the Asia-Pacific market, and challenges in the secondary channel and wholesale sector. Over the first nine months, revenue totaled 744 million euros ($792 million), down 9.8% at constant exchange rates and 11.9% at current exchange rates. Ferragamo’s direct-to-consumer and wholesale channels both saw significant declines. Geographically, the EMEA region posted growth, driven by the primary channel, while North America and Asia-Pacific both experienced declines, particularly in wholesale and secondary channels.