Florence-based luxury group Ferragamo has denied merger speculation after share price declines sparked takeover debate. The founding family stated: “The family has already clearly stated it is not interested in any extraordinary transactions involving the company and reiterates this today.” Market chatter emerged as shares traded at lower levels, with analysts suggesting valuations could attract outside investors. According to Q1 2025 results, Ferragamo reported revenue of 221 million euros ($234.3 million), down 2.6% YoY at current exchange rates.