It is a known fact that Goldman bankers like to wear Salvatore Ferragamo loafers (cost, around £309). Yesterday, the Salvatore Ferragamo Group announced its results for the first nine months of 2013. Revenues rose 10% year-on-year. Group net profit rose 61%.
Nomura analysts have traced the recent progress of Salvatore Ferragamo’s share price. They think it could increase another 17%.