Maela Mandelli at the head of Trussardi
Change of guard at the Trussardi summits. Leading the Italian fashion house alongside President Tomaso Trussardi will be Maela Mandelli who, starting in September, will hold the position of CEO The manager, who will work closely with the new COO Giuseppe Pinto, appointed in early…
The CFDA appoints Adrian Cheng global ambassador
The entrepreneur and founder of K11 and C Ventures has been chosen with a view to strengthening the impact of American fashion in the global economy The CFDA-Council of fashion designers of America announced the first global ambassador with a view to increasing Woldwide’s…
Balmain invests in Italy and starts a business unit for sneakers
La maison di Mayhoola, che chiuderà il 2018 a 185 milioni di euro, ha inaugurato un nuovo polo produttivo per gli accessori in Toscana, a Scandicci, e progetta una strategia ad hoc per le calzature sportive. Ma anche per l’eyewear ed il make-up Balmain…
Lvmh targets Italian Ngg and the Off-White brand in the viewfinder
The French giant has awarded an enterprise value of 420 million to New Guards Group. The valorization is equal to a multiple of 7 times the EBITDA of the Italian reality, participated by Claudio Antonioli, Davide De Giglio and Marcelo Burlon France is ready…
Burberry, the markets believe in the revival
The stock rises to the London Stock Exchange despite the slight decline in the third quarter (-1%). “The wait is growing ahead of the launch of Riccardo Tisci’s collection,” declared CEO Gobbetti Burberry does not shine in the third quarter, but confirms the trend, already…
Why Trump’s Trade War Could Mean Paying More for Clothes
Macy’s, JCPenney, and Walmart are just some of the retailers that have opposed Trump’s tariffs Donald Trump was supposed to be bad for civil rights, bad for the environment, and bad for women, but he was always supposed to be good for business. After…