Details at Salvatore Ferragamo RTW Spring 2018

MILAN — Salvatore Ferragamo SpA has appointed Micaela Le Divelec Lemmi the group’s new chief executive officer.

The announcement was made Tuesday evening as the Florence-based firm said net profit in the first half dropped 23.1 percent to 59 million euros compared with 76 million euros, including a negative minority interest of two million euros, in the same period last year.

Revenues decreased 6.2 percent to 674 million euros compared with 718 million euros at the end of June last year.

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