Covid has forced the Italian luxury industry to step up the pace of its transformation and search for investors, as shown by Zegna announcing a forthcoming stock market listing, and L Catterton’s acquisition of Etro.
Few people have more famous family names in fashion than Patricia Gucci, even if she cannot really use it. A tad unfair, given the quality of her latest project – Aviteur, a new high-end luxury luggage brand.
Up-for-sale luxury footwear brand Jimmy Choo was cheerful Thursday saying it “continues to make excellent progress, trading strongly” this year. But while management trumpeted its prospects, there was no news on a sale.