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PARTING WAYS: Salvatore Ferragamo and his longtime Brazilian retail partner Brasil Fashion have parted ways.
The Florentine fashion house and Brasil Fashion said Tuesday they reached an agreement by which Ferragamo will take direct control of its retail operations in Brazil.
Brasil Fashion currently operates three Salvatore Ferragamo boutiques across the country, two located in San Paulo and one in Rio de Janeiro.
According to Salvatore Ferragamo, this operation reflects the company’s strategy aimed to expand its business in Brazil, currently one of the most appealing countries for the luxury sector.