Italian luxury group Salvatore Ferragamo has called back former CEO Michele Norsa as executive director to help management revamp the brand and ...
Italian luxury group Salvatore Ferragamo has called back former CEO Michele Norsa as executive director to help management revamp the brand and weather the COVID-19 storm.
In a statement on Wednesday, the company said Norsa had been appointed to the board as executive deputy chairman as part of plans to change governance at the fashion house.Under the new structure, the group's majority shareholder, family holding Ferragamo Finanziaria, will focus on strategic planning, while the running of the company will be left entirely to executive managers.
Norsa was chief executive at Ferragamo for around 10 years before leaving in 2016. He later joined rival fashion firm Missoni at the behest of state-backed investment company FSI.
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