Ferragamo CEO to leave by end of 2016 - leatherbiz: Leading news site Leatherbiz

News

Ferragamo CEO to leave by end of 2016

25/04/2016
Italian footwear company Salvatore Ferragamo has announced that CEO Michele Norsa will leave his role by the end of the year.

Norsa has led the luxury goods maker since 2006 and news of his departure follows the announcement in March that creative director Massimiliano Giornetti had stepped down.

"Norsa has expressed the wish to prioritise family and to focus on new professional interests after a long period of intense efforts and rewarding results," the company said in a statement.

According to the company, Norsa will remain part of the company in a non-executive capacity until the shareholders’ meeting to approve 2017 results, which is expected to take place in early 2018.

Related stories:

Fourth quarter growth boosts Ferragamo 02/02/2017
Ferragamo offers bespoke option for Giglio range 07/10/2016
Revenue down at Ferragamo but footwear sales rise 03/08/2016
Warning from Ferragamo chief on slow growth 21/06/2016
Ferragamo reopening Paris flagship store 17/05/2016
Ferragamo reports drop in sales 13/05/2016
Ashley Roberts launches footwear range 28/04/2016
Asia-Pacific proves strong for Ferragamo 18/03/2016
RFID tags will help Salvatore Ferragamo win the war against counterfeiting 08/03/2016
Maria Sole Ferragamo wins Consorzio’s young designer award 02/03/2016
Chinese snap up Ferragamo shoes 01/02/2016
Chinese demand for Italian shoes boosts Ferragamo 13/11/2015
Handbags sales boost Ferragamo’s revenue rise 28/08/2015
Ferragamo stops 90,000 sales of fake goods in 2014 25/03/2015

Leatherbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.