​La Tour resigns as Ferragamo CFO, Paolo La Morgia steps in temporarily

Salvatore Ferragamo’s Chief Financial Officer, Pierre La Tour, is leaving the company as of September 26, after serving in the role for one and a half years, to pursue new professional opportunities, the Italian luxury group announced on Thursday.

Paolo La Morgia, currently planning and control director at Ferragamo, will take over as interim CFO, the company added.

The Florence‑based fashion house has been searching for a new executive officer since its CEO, Marco Gobbetti, stepped down in March. That leadership change followed a series of operational and strategic challenges, including falling demand in Asia, weaker performance in wholesale channels, and a net loss of €16 million recorded during the first half of 2025.

In response to these setbacks, Ferragamo recently launched a “focused action plan” to reposition the brand. The strategy includes streamlining the product portfolio, reducing exposure to underperforming market segments, and reinforcing the brand’s creative direction. The company anticipates that the impact of these changes will become more pronounced toward the end of 2025 and into 2026.

Investor confidence has remained cautious, as the company’s shares have struggled since the start of the year. The ongoing leadership transitions and the new CFO appointment appear to signal Ferragamo’s attempt to stabilize its financial leadership and accelerate its transformation strategy during this pivotal period.

FashionNetwork.com with Reuters