New Ferragamo CEO to start in January, sales rise in Q3

Ferragamo’s new Chief Executive Marco Gobbetti will take the helm from Jan. 1, the Italian luxury group said on Tuesday, after beating analysts’ expectations with a 17.4% increase in third quarter sales at constant exchange rates. Revenues rose by 35% to 785 million euros ($907 million) in the first nine months of the year, mainly […]