Strong turnover for Furla in 2017

Worldwide
Published:  15 March, 2018

Italy headquartered, premium leather goods and accessories brand, Furla, has reported a +20% growth in turnover in 2017, generating a total revenue of €499 million.

EBITDA in 2017 rose +34.1% year-on-year but the family-owned Company has not provided a figure for core profits. Furla’s sales are reported to have risen +12.9% in its key market EMEA, which accounts for 46% of total turnover. In Japan, its second-largest market, sales were up 15.4%, and sales in the U.S. increased 9.6%. The Asia-Pacific region represented the biggest growth in the year, with sales up +50%.

Launched by the Furlanetto family in the 1970s, Furla says it produces the majority of its goods in Italy. The brand is present in 100 countries and it operates 467 mono-brand stores worldwide (2016: 444), including 253 directly owned.

Source: Business of Fashion