THE RETAIL BULLETIN - The home of retail news
HOME
VIRTUAL EVENTS
Department Stores
Electricals
Entertainment
Fashion
Food & Drink
General Merchandise
Health & Beauty
Home & DIY
Interviews
Newsletter
Property
Shopping Centres & Retail Parks
Sports & Leisure
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT
CONTACT
SUBSCRIBE FOR FREE
Salvatore Ferragamo chief executive to step down

Luxury footwear brand Salvatore Ferragamo has announced that it has agreed with Eraldo Poletto that he will step down as director and chief executive of the… View Article

FASHION

Salvatore Ferragamo chief executive to step down

Luxury footwear brand Salvatore Ferragamo has announced that it has agreed with Eraldo Poletto that he will step down as director and chief executive of the company when its board of directors approves its 2017 financial statement on 8 March.

In a statement, the company said Poletto had helped to begin a new chapter in its history which was characterised by a “great dynamism, an important digital breakthrough and a special attention to the brand and to the product, also manifested during the recent Milan fashion shows.”

In January Salvatore Ferragamo reported that consolidated revenues fell by 3.1% to €1.39 billion at current exchange rates and by 1.4% at constant exchange rates in 2017 compared to the previous year.

As of 31 December 2017, the company’s retail network consisted of 685 points of sale, including 410 directly operated stores.

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News