Salvatore Ferragamo’s family holding company has appointed former Estée Lauder CEO Fabrizio Freda as special strategic adviser, sending shares up as much as 1.6% in early Monday trading. Freda, who led Estée Lauder for nearly 16 years before retiring in 2024, will advise on strategy, structure, and operational efficiency — and help identify a new CEO, a position vacant for over a year since Marco Gobbetti’s departure. Ferragamo Finanziaria, which controls 54.3% of the Florence-based group, said Freda may also join the board in the future.

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