Italy's luxury shoe brand Salvatore Ferragamo announced yesterday that Micaela Le Divelec was appointed as the new CEO. Micaela Le Divelec joined Gucci in 1998 and resigned as senior vice president and chief consumer officer in March. During Gucci's 20-year tenure, Micaela Le Divelec went through many ups and downs with Gucci, and in 2014 concurrently served as chief executive of Gucci's Italian porcelain brand Richard Ginori to help rebuild the brand. In fact, Micaela Le Divelec joined Salvatore Ferragamo as CEO and Strategic Manager as early as the end of April. Analysts say the veteran Micaela Le Divelec will be a lifesaver for Salvatore Ferragamo in times of crisis.