Ferragamo’s controlling shareholder Ferragono Finanziaria, holding 54.3%, announced former Estée Lauder CEO Fabrizio Freda as special strategic adviser.
The appointment aims to create value by advising on strategy, operations, and supporting the search for a CEO after a year‑long vacancy.
Shares of the Florence‑based luxury group rose up to 1.6% in early trading following the news.
Freda led Estée Lauder for nearly 16 years before retiring in 2024, bringing extensive beauty‑industry experience to Ferragamo.