Salvatore Ferragamo appoints new CEO as H1 revenue and profit decline

The board of directors of Salvatore Ferragamo S.p.A. in a statement announcing the half year financial results said that total revenues reached 674 million euros (787 million dollars), down 6.2 percent at current exchange and 3.4 percent at constant exchange rates over the same period in 2017. The board also appointed Micaela Le Divelec Lemmi as the company's new Chief Executive Officer.