According to a recent Associated Press report, Ferragamo has expanded its leather mapping initiatives to improve visibility across its supply chain, reflecting growing pressure on luxury brands to demonstrate the environmental and social credentials of their materials. The company said it is working more closely with suppliers to trace leather sourcing and production processes as forthcoming EU sustainability legislation reshapes reporting expectations for fashion businesses.
The sustainability drive comes alongside a series of governance and strategic updates announced by the Florence-based group in April. Ferragamo Finanziaria, the Ferragamo family holding company and controlling shareholder of Salvatore Ferragamo, appointed former Estée Lauder CEO Fabrizio Freda as Special Strategic Advisor. Freda will support the family and holding company on long-term value creation, strategic analysis, innovation and branding, and may also assist in the selection of a future CEO or join the company’s board.
In a statement, Ferragamo Finanziaria chairman Diego di San Giuliano said the appointment forms part of a broader effort to strengthen the holding company and support the development of the wider Ferragamo business.
Separately, shareholders of Salvatore Ferragamo approved the company’s 2025 financial statements at its April 23 annual meeting, alongside a new 2026-28 long-term incentive plan, updated remuneration policies, and a treasury share buyback authorisation worth up to €53 million. The company also presented its 2025 Sustainability Report, prepared under new Italian legislation implementing EU corporate sustainability reporting requirements.
Together, the announcements signal a period of transition for Ferragamo, with sustainability, leather supply chain transparency and governance reforms increasingly central to the group’s strategy as luxury brands face heightened scrutiny from regulators, investors and consumers alike.
