The 1.3 percent year-over-year rise in 2019 is a sign that a turnaround plan under Chief Executive Micaela Le Divelec is starting to bear fruit.

This week, Micaela Le Divelec Lemmi is named Salvatore Ferragamo's new chief executive, while Louise Trotter exits her role as creative director of Joseph.

Gucci appointed Micaela Le Divelec Lemmi to the new role of chief consumer officer as new Chief Executive Officer Marco Bizzarri continues to revamp the brand’s management.