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Salvatore Ferragamo S.p.A

Salvatore Ferragamo S.p.A. [salvaˈtoːre ferraˈɡaːmo] is an Italian luxury items firm, with headquarters in Florence, specializing in shoes,[2] leather-based goods, Swiss-made timepieces, and prepared-to-wear for women and men. It is the mother or father company of the Ferragamo Group. The corporate licences eyewear and watches.

With about 4,000 workers and a network of over 660 mono-model stores, the Ferragamo Group runs operations in Italy and worldwide, which provide the brand with a broad footprint in Europe, America and Asia.

1 History
2 Innovations
3 Clients
4 Officers and management
5 See also
6 Notes and references
7 External links

Historical past[edit]
Salvatore Ferragamo emigrated from southern Italy to Boston and then California in 1914. He opened the Hollywood Boot Store in 1923, and made sneakers[2] for movie stars resembling Joan Crawford and Gloria Swanson, as well as for films reminiscent of Cecil B. DeMille’s The Ten Commandments.[3] He returned to Italy and arrange a shoe store in Florence in 1927.[Four] Nevertheless, the modern shoemaking company regards 1928 because the date of its foundation and so celebrated its 80th anniversary in 2008.[Three] Salvatore filed for bankruptcy in 1933,[citation needed] throughout the nice Depression, but by 1938 he was ready to buy the Palazzo Spini Feroni, one of the great palaces of Florence,[3] which now homes the company’s flagship store and a museum dedicated to Ferragamo’s life and work.

The corporate flourished after World Warfare II, expanding the workforce to seven-hundred craftsmen producing 350 pairs of hand-made shoes a day.[citation wanted] After Salvatore’s dying in 1960, his widow Wanda took over the working of the business and expanded its operations to incorporate eyewear, perfume, belts, scarves,[four] luggage, watches, and a able to wear clothing line.

The corporate is at the moment owned by the Ferragamo household, which in November 2006 included Salvatore’s widow Wanda, 5 children, 23 grandchildren and other family.[5] There’s a rule that only three members of the household can work at the company, prompting fierce competitors.[5] To ease these tensions, in September 2006, the family announced a plan to float 48% of the corporate on the stock market, and since October 2006 Michele Norsa has served as managing and basic director.[4] Nevertheless, as of January 2008, this plan could also be on placed on hold within the midst of the downturn within the monetary market.[6] If the listing on the stock market proceeds, the fund will likely be directed primarily towards constructing its positions in China.[7] The corporate is holding its 80th birthday exhibition in Shanghai.[Three]

In 2011 the corporate was listed on the inventory trade.[Eight]
For the fiscal yr 2016, Salvatore Ferragamo reported preliminary consolidated revenues of 1,438 million euros. As of December 31, 2016, the Salvatore Ferragamo Group’s retail network consisted of 402 directly operated stores (DOS), while the wholesale and travel retail channel included 281 third celebration operated shops (TPOS), as well as presence in major shops and high-end multi-model specialty stores.[9]

On August 2, 2016 Eraldo Poletto was appointed as new CEO of the group.
Improvements[edit]

All through its historical past, the company has been identified for modern designs and use of supplies. Such ingenuity goes again to Salvatore’s time in California, when he studied anatomy to make shoes which have been more comfortable. Notable improvements include the wedge heel, the shell-shaped sole, the ‘invisible’ sandal, steel heels and soles, the 18-carat gold sandal, the sock-shoe, sculpture heels, and the gloved arch shoe created for the Maharani of Cooch Behar in 1938.[3] Metal-strengthened stiletto heels have been made well-known by Marilyn Monroe.[4] The corporate is also recognized for the ‘Gancini’ decoration, the ‘Vara’ patent ballet pump, the Salvatore bag and the usage of patchwork.[Three] It makes also eyewear and watches in partnership with Marchon and Timex Group.

Clients[edit]
Salvatore labored with movie stars and celebrities from his earliest days in Hollywood. Clients over the years included Audrey Hepburn, Sophia Loren and Greta Garbo,[4] as well as Andy Warhol, Grace Mugabe and Diana, Princess of Wales.[Three] The company made Margaret Thatcher’s well-known handbags[7] and for King Jigme Khesar Namgyal Wangchuck during the coronation on November 6, 2008 in Thimpu, Bhutan.

Officers and administration[edit]
– Wanda Ferragamo Miletti: has led the group since 1960, when her husband and founding father of the corporate, Salvatore, died. She is presently Honorary Chairwoman.
– Ferruccio Ferragamo: at present Chairman of the company.
– Eraldo Poletto: CEO of Salvatore Ferragamo S.p.A.
– Giovanna Gentile Ferragamo: she is at the moment Vice President of Salvatore Ferragamo S.p.A.
– Leonardo Ferragamo: since 2000, he has served as CEO of Palazzo Feroni Finanziaria S.p.A, the family’s holding firm. Just lately Govt Vice President of Fondazione Ferragamo
– Massimo Ferragamo: he’s Chairman of Ferragamo USA, the Ferragamo company that has dealt with the brand’s distribution in North America since Fifties.
– Fulvia Visconti Ferragamo: has run the trend label’s silk equipment division because the Seventies. She is presently Deputy Chairwoman of Ferragamo Finanziaria S.p.A.
James Ferragamo: is the Ladies’s and Men’s Shoes and Leather items Division Director for the group
– Angelica Visconti: ferragamo belt with whole name South Europe Director
– Diego di San Giuliano: coordinates the digital actions of the model
– Since November 2016 a new structure of the creative departements of the group with the entrance of Paul Andrew named Design Director of Girls’s Footwear, Fulvio Rigoni named Design director of Girls’s RTW, Guillame Meilland named Males’s RTW Design director

See also[edit]
Salvatore Ferragamo, the corporate’s namesake and founder

Notes and references[edit]
Ferragamo Womens Orange Belts Cone Buckle Lightgold^ http://group.ferragamo.com/wps/wcm/join/736a79e3-6db0-44c5-bfa0-18a8d7857e2b/Annual+Report+as+at+31+December+2015.pdf MOD=AJPERES&CACHEID=736a79e3-6db0-44c5-bfa0-18a8d7857e2b
^ a b Chevalier, Michel; Gerald Mazzalovo (2012). “3”. Luxurious Model Management (second ed.). Singapore: John Wiley & Sons. p. 53. ISBN 978-1-118-17176-9. OCLC 909366849.
^ a b c d e f g Salvatore Ferragamo celebrates its 80th Anniversary in Shanghai (PDF), Salvatore Ferragamo Italia SpA, retrieved 2008-04-20 [everlasting dead link]
^ a b c d e Webb, Tim (2007), “Leonardo Ferragamo: Angels wish to wear his crimson footwear”, The Impartial, London (published 2007-02-04), retrieved 2008-04-20
^ a b Sherman, Lauren (2006), “When Fashion Goes Public”, Forbes (printed 2006-eleven-16), retrieved 2008-04-20
^ Finch, Julia (2008), “Tommy Hilfiger halts flotation”, The Guardian, London (published 2008-01-25), retrieved 2008-04-20
^ a b Cartner-Morley, Jess (2008), written at Shanghai, “From Florence to Shanghai, Ferragamo eyes a makeover”, The Guardian, London (printed 2008-03-29), retrieved 2008-04-20
^ “Salvatore Ferragamo – United States – Official Retailer”. www.ferragamo.com. Retrieved 2017-01-17.
^ Singh, Prachi (January ferragamo belt with whole name 30, 2015). “Salvatore Ferragamo revenues rise of 5.9 % in FY14”. FashionUnited. Retrieved June 18, 2015.


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