In the latest news, Salvatore Ferragamo’s president, Ferruccio Ferragamo has been bestowed with Cavaliere del Lavoro, also known as the Knight of Labour honor. This is one of the highest and most prestigious recognition given by the president of the Italian Republic.
Established in the early 1900s, this prestigious title is awarded to Italian entrepreneurs who have done their bit in uplifting the economic and employment sectors and contributed towards social and technological developments.
Along with Ferragamo, 24 other Italian entrepreneurs were honored with the title which included names like Guido Damiani, president of the namesake jewelry brand, Silvia Stein, president Maglificio Miles SpA, that manufactures for high-end fashion labels like Valentino, Bottega Veneta, and Lanvin.
The entrepreneurs who have been felicitated by this awards previously includes a list of renowned names like Ermenegildo Gildo Zegna, CEO of the Ermenegildo Zegna Group, Fabrizio Freda CEO of Estée Lauder Cos. Inc, amongst many others.