The US executive, who has made a name for himself in top roles for leading luxury groups like Prada, LVMH and Valentino, is the new CEO of Trussardi. His main goal is to promote the label’s expansion in foreign markets.
Carlo Capasa has been confirmed for the fourth consecutive term as the president of the Italian Fashion Chamber (CNMI), as Serge Brunschwig, Alfonso Dolce and Jacopo Venturini joined the new executive committee.
The Italian fashion industry association's president asked landlords to accept a rent payment suspension until stores will reopen, urging them to renegotiate lease terms until income flows will become regular again.
No city stages fashion presentations as succinctly as Milan, all the way through the past week, which ended with the city closing its doors dramatically on Sunday after the first deaths from the coronavirus in Italy.
Luxury brand Trussardi, owned by investment fund QuattroR since February 2019, has reevaluated its distribution and begun a brand revival with a more coherent and premium offer and new creative collaborations.
Emanuel Ungaro has partnered with manufacturer GST, part of the Toma Italian Brands group to expand its menswear segment, still led by Philippe Paubert, and also has new licensees for footwear and leather goods.
The Morellato group, a European leader in the production and distribution of jewellery and watches, has announced the acquisition of French chain Cleor, one of the country's leading jewellery retailers.
Valentino, François-Henri Pinault, Max Mara, Zegna, emerging designer Flavia La Rocca and the 'I was a Sari' project by Gucci were among the winners of the third edition of CNMI’s green fashion awards.