Ownership of Ferragamo Today: Who Holds the Reins?

Ferragamo is a well-known Italian luxury fashion brand that specializes in shoes, leather goods, and other accessories. Founded in 1927 by Salvatore Ferragamo, the company has since become an iconic symbol of style, elegance, and craftsmanship.

Over the years, Ferragamo’s ownership has changed hands multiple times. In 2006, the Ferragamo family gained complete control of the company by buying out the remaining shares owned by outside investors. This move allowed the family to maintain a strong influence over the brand’s direction and preserve its heritage and tradition.

However, in recent years, there have been rumors of a potential change in ownership. In 2020, media reports suggested that the Ferragamo family was exploring the possibility of selling a stake in the company. This led to speculations about potential buyers and the impact it might have on the brand’s future.

As of the latest information available, the Ferragamo family remains the majority owner of the company. They are deeply committed to preserving the brand’s legacy and ensuring its continued success. While there may be discussions about potential partnerships or investment opportunities, the family’s ownership and control of Ferragamo remain strong.

Despite changes in the fashion industry and the constant evolution of consumer preferences, Ferragamo continues to thrive as a symbol of timeless style and Italian craftsmanship. With the Ferragamo family’s unwavering commitment to the brand’s heritage, there is no doubt that Ferragamo will remain a leading name in luxury fashion for years to come.

Who owns Ferragamo now?

Ferragamo, the Italian luxury fashion brand, is currently owned by the Ferragamo family. The company was established by Salvatore Ferragamo in 1927 and has remained in the family’s hands ever since.

The ownership of the company is divided among various members of the Ferragamo family. As of the latest information available, the main shareholders of Ferragamo are:

It is worth noting that the Ferragamo family has been actively involved in the management and operations of the company, ensuring the preservation of Salvatore Ferragamo’s vision and the brand’s commitment to luxury and craftsmanship.

While there have been rumors and speculations about potential changes in ownership, as of now, the Ferragamo family remains the key shareholders and custodians of the brand’s legacy.

Overview of Ferragamo’s ownership

Salvatore Ferragamo, an Italian luxury goods company, has undergone several changes in ownership throughout its history. Here is a brief overview of the current ownership structure of Ferragamo:

1. The Ferragamo family: Founded by Salvatore Ferragamo in 1927, the company has remained in the hands of the Ferragamo family since its inception. The family continues to play a significant role in the ownership and management of the company.
2. Public ownership: In 2011, Salvatore Ferragamo became a publicly traded company on the Milan Stock Exchange. This means that a portion of the ownership is held by public shareholders who can buy and sell shares of the company.
3. Institutional investors: As a publicly traded company, Ferragamo has attracted investment from various institutional investors, including mutual funds, pension funds, and other financial institutions.
4. Ownership structure: The majority of the company’s shares are held by the Ferragamo family, which has maintained control over the company. However, the exact breakdown of ownership percentages is subject to change due to the fluctuation of stock prices and investment activity.

Overall, Ferragamo maintains a balance between family ownership and public ownership, allowing for both long-term strategic decision-making and access to capital markets. This ownership structure has contributed to the company’s success as a renowned luxury brand in the fashion industry.

Recent changes in Ferragamo’s ownership

Over the years, there have been several changes in the ownership of Ferragamo, a renowned luxury fashion brand. Here are the most recent changes:

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• In 2018, the Ferragamo family’s ownership decreased to 58% of the company, due to the sale of shares on the Milan Stock Exchange.
• In 2020, the investment fund Fondo Strategico Italiano (FSI) acquired a 3% stake in Ferragamo, becoming the third-largest shareholder.
• As of 2021, the Ferragamo family remains the majority owner of the company, with a stake of around 57%.
• In April 2021, the Ferragamo family appointed Michele Norsa as the new vice chairman of the board, signaling a continuation of family involvement in the company’s leadership.

These recent changes reflect the dynamic nature of ownership in the fashion industry and the Ferragamo family’s commitment to maintaining control of their iconic brand.

Key stakeholders of Ferragamo

As of the latest ownership information, the key stakeholders of Ferragamo include:

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The Ferragamo family: The Ferragamo family has been a major stakeholder in the company since its inception. The family members own a significant share of the company and are actively involved in its management and decision-making processes.

Institutional investors: Various institutional investors, such as mutual funds and pension funds, also hold a significant stake in Ferragamo. These investors provide the company with financial resources and play a crucial role in shaping its strategic direction.

Private equity firms: Private equity firms have also invested in Ferragamo, either directly or through their portfolio companies. These firms typically aim to maximize returns on their investments by actively managing and restructuring the company.

Individual shareholders: Numerous individual shareholders own shares in Ferragamo. These shareholders can include both retail investors and high net worth individuals who see the company as an attractive investment opportunity.

Financial institutions: Financial institutions, such as banks and insurance companies, may also hold a stake in Ferragamo. These institutions may have provided loans or other financial services to the company and acquired shares as part of their business relationship.

Please note that the ownership structure of Ferragamo may change over time as new investors enter or existing investors exit the company.

FAQ:

Who is the current owner of Ferragamo?

The current owner of Ferragamo is the Ferragamo family. They still hold majority ownership in the company.

Has Ferragamo ever been owned by a different company?

Yes, in 2006, Ferragamo went public and its shares were listed on the Milan Stock Exchange. However, the Ferragamo family still retained majority ownership and control of the company.

How much of Ferragamo does the Ferragamo family own?

The Ferragamo family owns about 53% of the company. This gives them majority ownership and control over the operations and decision-making of Ferragamo.

Are there any other major shareholders in Ferragamo?

Yes, besides the Ferragamo family, there are other major shareholders in the company. Some of the largest institutional shareholders include BlackRock, Vanguard Group, and Norges Bank Investment Management. However, their ownership stakes are relatively smaller compared to the Ferragamo family.

Is there any news about potential changes in Ferragamo’s ownership?

As of the latest information, there are no reports or news about any potential changes in Ferragamo’s ownership. The Ferragamo family continues to maintain majority ownership of the company.

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