0849 GMT - Shares in Salvatore Ferragamo slide in opening trade Wednesday after the Italian luxury-goods company again failed to pick up the pace of recovery in its third-quarter print. Nine-month revenue remains substantially below the same period of 2019, and while margins are impressively robust, the top line remains Ferragamo's weakness, analysts at Jefferies say. Specific areas of concern are a lack of momentum in Asia, an unfavorable channel mix and a failure for the core product categories to lead from the front, the bank says. "We continue to think Ferragamo has a product problem," the bank adds, keeping a hold rating and EUR18 target on the stock. Shares trade 6.7% lower at 18.63.(joshua.kirby@wsj.com; @joshualeokirby)