Ferragamo, which originally planned to float late next year, could have an equity value of between €1.5 billion and €1.8bn (£1bn and £1.3bn), according to investment bank estimates.
The company expects sales to reach €700 million (£501m) by the end of the year, with a net profit of €50m (£36m).
Sales next year are expected to rise to €750m (£537m), reaching €820m (£587m) in 2009 and €920m (£658m) in 2010.
Rival Prada is also expected to go public next year. Estimates suggest that Prada could fetch between €4.5bn and €5bn (£3.2bn and £3.6bn), which would make it the most valuable listed luxury goods producer.
Both Ferragamo and Prada will hope to avoid a similar post-flotation performance to Italian luxury goods companies Damiani, a jeweller, and Aeffe, which owns the Moschino fashion brand.
Both floated on the Milan Stock Exchange this year and the companies’ shares are now trading below their public offering prices.