Salvatore Ferragamo Archive

Luxury Makers’ Dubious Dividends Make Them Target for Shorts

PARIS, France — Higher dividends at a handful of struggling posh-product makers are a luxury they may not be able to afford. So goes the bear case on companies such as Richemont and Tod’s SpA, both down more than 20 percent this year and both still squarely in the sights of short sellers. Lingering expectations that they will raise dividends even after reporting declining sales …

Power Moves | Hearst Promotes Joanna Coles, Ferragamo Taps Paul Andrew

LONDON, United Kingdom — BoF compiles the most important professional moves of the week. Salvatore Ferragamo Hires Paul AndrewSalvatore Ferragamo has appointed CFDA/Vogue Fashion Fund winner Paul Andrew as women’s footwear design director, effective immediately. Andrew is set to show his first collection for Ferragamo next year and will continue to design for his eponymous brand. Joanna Coles Promoted at HearstHearst Magazines has appointed Joanna Coles chief content officer, …