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Eraldo Poletto, chief executive officer of Salvatore Ferragamo SpA, gestures while delivering a presentation during an investor day at the company's headquarters in Florence, Italy, on Friday, Feb. 3, 2017. Poletto doesn't expect to make acquisitions as he plans to focus on the Salvatore Ferragamo brand, he said in interview with Bloomberg Television. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images

Eraldo Poletto, chief executive officer of Salvatore Ferragamo SpA, gestures while delivering a presentation during an investor day at the company's headquarters in Florence, Italy, on Friday, Feb. 3, 2017. Poletto doesn't expect to make acquisitions as he plans to focus on the Salvatore Ferragamo brand, he said in interview with Bloomberg Television. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images