
Italy’s luxury shoemaker Salvatore Ferragamo saw a return to growth in the first quarter of 2019, after revenues and net profit increased on the back of retail and wholesale revenues, and surging sales growth in China.
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Italy’s luxury shoemaker Salvatore Ferragamo saw a return to growth in the first quarter of 2019, after revenues and net profit increased on the back of retail and wholesale revenues, and surging sales growth in China.
Italy's luxury shoemaker Salvatore Ferragamo posted a 14 percent drop in 2018 core profit, undermined by the costs of a turnaround plan in the face of falling sales.
Ferragamo's Chairman Ferruccio Ferragamo denied on Saturday the founding family could consider selling the eponymous luxury shoemaker, after speculation about a possible sale.
The Italian luxury house announced on Thursday that it has promoted British designer Paul Andrew to the role of creative director. Andrew joined the company in 2016 and will now oversee both men's and women's design.
Sales for the Italian luxury label, beset by a brand positioning problem, fell by 3.4% at current exchange rates in 2018, on the back of a troubled 2017.
Wanda Ferragamo, the honorary president of the Florentine shoemaker founded by her husband Salvatore, has died at the age of 96. Wanda was left a widow 58 years ago when her husband passed away.
Micaela Le Divelec Lemmi will step down from the general manager position at the luxury label on November 1, but will continue to act as CEO.
The Tuscan countryside sprung in the heart of Milan on Saturday as Italian fashion designer Salvatore Ferragamo showed its spring-summer 2019 collection, full of soft hues and rich leather.
Salvatore Ferragamo has named former Kering executive Micaela le Divelec Lemmi as its new CEO although it’s less of a change than it might have been given that she has been general manager of the firm since the spring.
Ferragamo’s head of marketing and communications, Antonio Burrello, is leaving the group, two sources with knowledge of the matter said, signalling further management changes at the Florentine shoemaker.