Salvatore Ferragamo Appoints Micaela Le Divelec Lemmi CEO

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Salvatore Ferragamo Fall 2018 Ready To Wear.

MILAN — Italian luxury house Salvatore Ferragamo SpA has appointed Micaela Le Divelec Lemmi the group’s new chief executive officer.

The announcement was made today Tuesday (July 31) evening as the Florence-based firm said net profit in the first half dropped 23.1 percent to 59 million euros compared with 76 million euros, including a negative minority interest of two million euros, in the same period last year.

Revenues decreased 6.2 percent to 674 million euros compared with 718 million euros at the end of June last year.

Salvatore Ferragamo Fall 2018 Menswear.

Salvatore Ferragamo Fall 2018 Ready To Wear.

Photos Credit: Yannis Vlamos / Indigital.tv

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Donovan

Donovan is the CEO and Editor-In-Chief of www.dmfashionbook.com. For all general inquiries please email don@dmfashionbook.com Donovan has a BA in Journalism & Media Studies from the prestigious Rutgers University. He's currently studying entertainment and fashion law.

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