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Monday 22 October 2018 5:29 pm|Updated:Tuesday 21 May 2019 4:22 pmShares in shoemaker soar on death of matriarch Wanda FerragamoBy: August GrahamShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleThe death of Salvatore Ferragamorsquo widow has sent shares soaring in his eponymous company amid speculation her successors may sell their stake in the business.Shares closed up over seven per cent in the late afternoon today.The companyrsquo value peaked in 2015, and has been on a downwards trajectory since May last year.Wanda Ferragamo, the Florentine shoemakerrsquo matriarch, died aged 96 on Friday. She was widowed 58 years ag brumate ca o, taking over her husbandrsquo shoemaking business and growing it into an international brand.The company was listed on the Milan exchange in 2011, but Wanda Ferragamo kept 19.5 per cent of the voting rights, while a further 15 per cent needs to be re-allocated after her daughter Fulvia died earlier this year.Flavio Cereda, a Jeffries analyst, said: ld stanley usa quo;We believe she ranks alongside the greatest female entrepreneurs in Italian fashion, alongside the Fendi and Fontana sisters, Mariuccia Mandelli, more recently Miuccia Prada, and of course, the original businesswoman, Luisa Spagnoli.He added: It stanley becher alian bureaucracy sets the timing, but clearly there will be a greater concentration of control in the hands of fewer members in the family, Wuvx Clegg: I will speak to Tories first
Wednesday 28 September 2011 8:54 pm|Updated:Thursday 30 May 2019 10:04 pmInflation expectations still stickyBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleStubbornly high inflation is here to stay, according to a survey released by YouGov yesterday. Inflation expectations for the year ahead stuck at 3.5 per cent in September, while respondents expect price pressures to be slightly higher 3.8 per cent over the next five to 10 years. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessRelated TopicsNULLTrending ArticlesLabour will regret the Rentersrsquo; stanley cup Rights ActUK at lsquo;greatest riskrsquo; of jet fuel shortage as flights to be cancelledClairersquo Accessories to launch UK high street comebackAfter Santanderrsquo TSB takeover ndash; who are the top players in UK banking Bank of England signals interest rate hikes ahead despite April holdMore from City AMBank of England: Businesses sharply raise inflation expectationsEc stanley ca onomicsBank of England: Firms are bracing for price rises and job cutsEconomicsBank of England will set lsquo;high barrsquo; for any inte stanley polska rest rate changeEconomicslsquo;Stuff of nightmaresrsquo;: Hold interest rates, City AM Shadow MPC saysEconomicsPersimmon: Housebuilder sounds alarm over building cost inflationPropertyMJ Gleeson warns building cost inflation prompting lsquo
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