Bangkok Post

British fashion designer Paul Andrew leaves Ferragamo

- CLAUDIA CRISTOFERI

British designer Paul Andrew said last week he would leave Italian luxury brand Salvatore Ferragamo in May, a high-profile departure that comes at a time when the group is seeking to recover from the fallout of the Covid19 pandemic.

“After five years, with pride and a heavy heart, I have decided it’s time for a new challenge,” Andrew said in a post on Instagram, following months of speculatio­n about his possible departure from the brand, famous for shoes worn by Hollywood stars such as Audrey Hepburn.

Shortly after the post was published, a statement from Ferragamo confirmed Andrew would step down, adding that from next month the 30-strong in-house design team would be in charge of creating the group’s new collection­s, starting with September’s fashion shows.

The brand plans to hire a new creative director, but does not want to rush a new appointmen­t given the challengin­g market conditions, said a source close to the company.

Ferragamo’s sales has been hit harder by the pandemic harder than many rivals, partly because of its heavy focus on airport spending.

Paul Andrew joined Ferragamo in 2016 to design shoes for its womenswear division, while he was living in New York and running his own shoe brand. He became creative director for the whole group in 2019.

Two sources familiar with the matter said that relations between Andrew and the Ferragamo family, which controls the group, became increasing­ly strained in recent months.

The group dampened speculatio­n of an imminent management shake-up last month when it confirmed Chief Executive Micaela le Divelec in her role. However, sources have said that it was not clear whether she would stay on for the full three-year mandate of the new board, due to be appointed by shareholde­rs on April 22.

“A new direction is a must, not a choice, for what remains one of the most famous luxury brands globally that has been plagued with significan­t underperfo­rmance in recent years,” said Jefferies analyst Flavio Cereda.

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