Welcome, Guest! - or
Easy to remember!  »  VinNews.com

Florence, Italy - Wanda Ferragamo, Matriarch Of Famed Shoemaker, Dies At 96

Published on: October 19, 2018 05:05 PM
By: Reuters 
Change text size Text Size  
A pedestrian walks past a Salvatore Ferragamo store window, late 07 November 2017 in Frankfurt, Germany. EPA A pedestrian walks past a Salvatore Ferragamo store window, late 07 November 2017 in Frankfurt, Germany. EPA

Florence, Italy - Wanda Ferragamo, the honorary president of the Florentine shoemaker founded by her husband Salvatore, has died at the age of 96, the family said on Friday.

Advertisement:

Wanda was left a widow 58 years ago when her husband passed away. She took charge of Salvatore Ferragamo alongside her 16-year-old daughter, quickly learning how to run a business while raising her six children.

In recent months the family repeatedly dismissed speculation about a possible sale of the fashion group and appointed Micaela Le Divelec Lemmi, a highly-respected former Gucci executive, as the group’s new CEO in July.

The Florence-based group, which issued a profit warning in December, has been battling falling sales and profitability, partly due to a clean-up of inventories. It said in July it would continue to invest in relaunching the brand.



More of today's headlines

Smithtown, NY - Police say a New York man threatened to kill two U.S. senators for supporting Brett Kavanaugh's confirmation to the U.S. Supreme Court. Police charged... Moscow - One of Chabad movement’s top rabbis accused Sweden of “persecution” against a Hasidic couple who sought to home-school their children in...

 

Total3

Read Comments (3)  —  Post Yours »

1

 Oct 20, 2018 at 12:37 PM lazy-boy Says:

I really don't know what this has to do with Jewish interest news that I come to VIN to read. Maybe it was a slow day or???

2

 Oct 20, 2018 at 07:55 PM Secular Says:

Always loved the shoes...

3

 Oct 20, 2018 at 09:09 PM yamsar Says:

Reply to #1  
lazy-boy Says:

I really don't know what this has to do with Jewish interest news that I come to VIN to read. Maybe it was a slow day or???

Is there a VIN mission statement that led you to believe so?

4

Sign-in to post a comment

Click here to sign-in.

Scroll Up
Advertisements:
Sell your scrap gold and broken jewelry and earn hard cash sell gold today!