Paul Andrew Is Out At Salvatore Ferragamo After Five Years

Paul Andrew is leaving his role as creative director of luxury Italian brand, Salvatore Ferragamo. The (already rumored) departure comes as the company revamps its board of directors in a bid to boost profits. According to Business of Fashion, Andrew will leave after revealing the Pre-Spring 2022 collection in May.

The outlet also reports that Andrew has not yet announced another role, and that the designer may not be replaced. In his most recent role, the Englishman was the first to oversee all of the family-owned brand’s menswear and womenswear categories. He was previously womenswear creative director since joining the company in 2016.

Chairman Ferruccio Ferragamo will reportedly step down from his role and will be replaced by his brother Leonardo. Three new independent board members are due to be added alongside current executive vice chairman Michele Norsa and chief executive Micaela Le Divelec Lemmi. Giacomo “James” Ferragamo will return to the board, while Giovanna, a daughter of founder Salvatore, is set to step down. Media exec Marinella Soldi, consultant Patrizia Giangualano, Frédéric Biousse, the former CEO of Sandro Maje Claudie Pierlot, are also set to join the board.

BoF writes that sales dropped 33% during 2020—to €916m or approx. $1bn—in the first year of losses since the company went public a decade ago.

Andrew also closed his namesake shoe line two years ago. The 42-year-old is an alum of Narciso Rodriguez, Calvin Klein, and Donna Karan. His aforementioned shoe brand, which he launched in 2012, had gained an impressive Hollywood following, including Lupita Nyong’o, Emma Watson, Jessica Chastain, and Emmy Rossum. Might a brand revival be on the cards?

Subscribe to our newsletter and follow us on Facebook and Instagram to stay up to date on all the latest fashion news and juicy industry gossip.

You can view the original article HERE.

James Gunn’s Superman Casts Ma and Pa Kent
The Imperiled Women of Alex Garland’s Films | Features
Macabre Serial Killer Movie Lowers IQ Points
Civil War and A24 Slammed for Using AI in New Posters
here’s what’s being added and removed so far
Their Break Up & TTPD Easter Eggs
Taylor Swift shares Easter eggs, guests and teases ‘timetable’ release schedule
Planning to Release TWO Albums at Once?
Hit Horror Series Joins Netflix Roster Prior to Final Season
Fallout Series Sets the Stage for One of the Most Vile Villains to Ever Grace the Wasteland
Seth McFarlane Shares Thoughts on Ending Family Guy After 25 Years; ‘People Still Love It’
Chicago Fire Is Soapy, But In the Best Way
Ryan Garcia To Wear Iced-Out Crown At Devin Haney Fight, 15,000+ Diamonds!
Aroldis Chapman Suspended Two Games For Altercation With Ump
Lakers edge Pelicans, set up 1st-round date with Nuggets
Warriors vouch for Klay return after scoreless play-in performance
Taylor Swift Likes Shady Post About Joe Alwyn, Sings About His Depression
Taylor Swift & Travis Kelce Not Going to Met Gala, Despite Invitations
Travis Kelce takes on new role as host of ‘Are You Smarter Than a Celebrity?’ He joins a roster of athletes helming game shows.
Mariska Hargitay Helps Little Girl Find Mom While Filming ‘Law & Order’
Quay Sunglasses Review | POPSUGAR Fashion
What’s Kate Upton Up To?
Spanx Suit Yourself Boat Neck Ribbed Bodysuit Review
Etienne Ortega’s Namesake Beauty Brand Holds The Secret to Luscious Lips