Family's exit from Ferragamo is "out of the question", chairman says

The Ferragamo family does not plan to exit the eponymous luxury company as it is committed to further developing the brand across the world, Chairman Leonardo Ferragamo told Reuters on Wednesday.

"We are working in a very dedicated and resolute way with a great effort to strengthen our brand in the world," Ferragamo said on the sideline of a conference in Milan.