MILAN — The year 2017 is one of transition for Salvatore Ferragamo SpA and 2018 will be one of “hard work,” Eraldo Poletto, chief executive officer of the Florence-based company, said Tuesday.
“We have to be stronger, do what’s right, there are a lot of things happening — big changes — and we have to be in sync with the changes,” Poletto said in addressing analysts in a conference call as the group reported a 28.3 percent decrease in net profit, including a negative minority interest of 3 million euros, to 79 million euros in the first nine months of the year. This compares with 110 million euros in the same period last year.
“I’m looking forward to jumping into the creative process and exploring fashion through a different lens,” said actor Michael B. Jordan exclusively to WWD about becoming the first face of @coach ‘s men’s business. Not only will the actor appear in its global ad campaigns, but he will also create a capsule with designer Stuart Vevers. Tap the link in our bio to learn more. #wwdfashion
“The name of the show is GP — giant pockets,” said Karl Lagerfeld pre-show, in his backstage meeting room at @Fendi to Bridget Foley. @Bellahadid was one of the many famous faces who graced the catwalk including @Gigihadid, @Adwoaaboah, and yes, even @Kendalljenner. #wwdfashion
Photographed by Kuba Dabrowski/WWD
“We are obsessed with Fendi and we want to share this obsession,” said CEO Serge Brunschwig to WWD. @Fendi will be releasing a new capsule collection Oct. 16 centered around the Fendi/Fila logo created by Instagram artist @Hey_reilly. Further proving the logo trend isn’t going anywhere. Link in our bio for more details. #wwdfashion