Meta's expenses for AI, the disappointing GDP of the US first quarter and inflation are weighing on Wall Street: in cascade, the American data are reflected in the European stock markets which close lower, except for London driven by the maxi offer for…
The Italian supply chain built over the last twenty years could stop due to the lack of European rules. Not only that: the sector is also threatened by organized crime
A workshop marks the commitment of Sistema Moda Italia and CY4GATE for the cybersecurity of the textile-clothing sector and is an important step for the creation of a safe and reliable digital ecosystem, for the benefit of companies and consumers
Renzo Rosso, the dynamic fashion entrepreneur and President of OTB, received the Film Impresa Special Prize for creativity yesterday in Rome
Luxury in turmoil. After Alessandro Michele's move to Valentino, Stefano Cantino leaves Louis Vuitton and becomes number two at Gucci, in charge since May 2
The exhibition “From the Heart to the Hands: Dolce&Gabbana” opens in Palazzo Reale, as a world premiere, dedicated to the unmistakable creations of Domenico Dolce and Stefano Gabbana, scheduled from 7 April to 31 July 2024
Judicial administration for Giorgio Armani Operations, controlled by Giorgio Armani Spa. The accusation of the Milan judges: "Products made by exploited Chinese and with exhausting shifts. System that has been going on for 7 years". The company's response: "We have always carried out…
Kering bought an 8th century building in via Monte Napoleone XNUMX in Milan from Blackstone. It is the highest transaction carried out in Italy for a single real estate asset
The list is led by the president himself and CEO Diego Della Valle. In second place is Maria D'Agata, in third Andrea Della Valle, current vice president
The former creative director of Gucci will join Valentino from April 2nd. The maison: "It's the beginning of a new journey." Alessandro Michele: "Immense joy and enormous responsibility"
The Group led by Renzo Rosso strengthens its production chain with the acquisition of Calzaturificio Stephen, a historic manufacturer of high-end footwear. The operation is part of the group's expansion strategy and its commitment to enhancing the excellence of Made…
One resignation after another in the fashion world. What's going on? Perhaps the rhythms of finance, after stock market listings, do not mesh well with those of the catwalk seasons. It is certainly a change of pace
Clothing is a strong sector of the European economy. Discarded clothes, however, cause pollution. EU rules are expected and France gives the first strong signal
After the long ride, the stock markets in both America and Europe take a break. Only London shines. Turmoil in the fashion sector after the twists and turns of Kering, LVMH and Valentino. The spread goes back up
Valentino and Pierpaolo Piccioli separate: with an unexpected announcement, the maison which is now owned by Mayhoola for investments and its creative director announce the decision to interrupt the collaboration. Piccioli's words: "Some stories live…
Belloni will leave after the meeting on 18 April and will be appointed president of LVMH Italia
Revenues reached almost 36 billion euros. In 2023, store sales grew 7,9%. The reception of the spring-summer collections was also positive
The training course for young talents of the third edition of the Staff International School of Professions has concluded - the fourth edition is coming
Upon opening the envelopes containing the various offers, Favrin was awarded 80% of the shares. for 32,01 million euros only 10 thousand euros more than the offer of Mi which is headed by Andrea Donà delle Rose, son of Italia Marzotto
Sistema Moda Italia, a Federation belonging to Confindustria, one of the largest organizations representing textile and fashion industrialists, today represents a sector of 372.600 employees with 41.380 companies
From the sparks of the 90s to the collapse and accusations of 10 years ago, up to the new rise: in the last year Abercrombie tripled its share price and closed with its best performance since it was…
Milan Fashion Week opens with a busy calendar of fashion shows and events dedicated to the autumn/winter 2024-2025 women's collections. A mini-guide to prepare for the most anticipated event in fashion
The growth of direct channels, with the opening of new stores, and the success in Asia, especially in China and Japan, have contributed to the positive performance of the group founded by Renzo Rosso. IPO from 2025 based on the market
Granddaughter of the Greek jeweler Sotirios Bulgari, founder of the famous fashion house on Via Condotti in Rome, she died at the age of 93: she was also a great sportswoman and sailing enthusiast
The two companies of the Otb group founded by Renzo Rosso become part of the foundation that brings together the best Made in Italy companies
The structure will be located in Sala Baganza and will be dedicated to the production of luxury footwear and leather goods. Three hundred people employed. Opening expected by 2026
A third of companies expect organic investments to support growth and M&A activities in 2024. The high range holds the majority of production and is preferred by foreigners
From 2026, new regulations will come into force for fashion and consumer products: this is what it is about
The Parisian haute couture week ended with the Maison's fashion show designed by John Galliano
Irregular Chinese factories used. The famous bags with geographical maps were produced by underpaid Chinese and in terrible environmental conditions. The company was deemed incapable of preventing and combating labor exploitation in its production cycle
According to rumours, there would have been a meeting between Miuccia Prada, her son Lorenzo Bertelli and the representatives of the English fund linked to the Wertheimer family which would have put around 6,5 billion euros on the table. But for analysts it is…
The global luxury sector is experiencing an excellent moment, with a turnover that has reached record growth peaks in the fiscal year 2022. The Deloitte report (Global of Luxury Goods 2023) indicates 23 Italian companies in the Top 100
The two events will open the events of the sector, which grew in 2023, but with uncertainties ahead in 2024. Capasa, president of the National Chamber of Italian Fashion, asks the government for greater attention
The recognition was awarded by MonteNapoleone District and the Italian Embassy in Beijing for the important contribution of OTB with its brands Diesel, Maison Margiela, Marni and others, to the valorization of Made in Italy in China
The Calzedonia group now employs 44.000 people around the world in very different brands. In the Pambianco LeQuotabili23 ranking, here are all the companies that could go public in the next 3-5 years
Trip to one of the historic Venetian weaving mills, the Tessitura Luigi Bevilacqua. Ancient looms from the 700th century, the same ones still in use today, create masterpieces in velvet and silk for interior design projects and for "Couture" fashion. Interview with Alberto Bevilacqua,…
By 2026, demand for labor in the sector will reach a potential of over 31 thousand workers per year. Excelsior Unioncamere data presented during the third edition of the Fashion Talent Days
In Paris an exhibition dedicated to Azzedine Alaïa, stylist and collector. Open until January 21, 2024
With this operation, the group controlled by NB Renaissance and active in the production of fabrics and services for high fashion expands its offer in interior design
Boosting Transition is the title of the second edition of the Venice Sustainable Fashion Forum, underway at the Cini Foundation in Venice from 26 to 27 October. From the responsibility of the producer to that of the consumer
After the abandonment of crops in the 60s, cotton returns to being a made in Italy production - Coldiretti: "Italian cotton is of excellent quality, with prices of 140 euros per quintal"
Announcing the initiative, which will bring together the main stakeholders of the Fashion & Luxury supply chain, are Sergio Tamborini, President of Sistema Moda Italia, Flavio Sciuccati, Senior Partner & Director Global Fashion Unit The European House - Ambrosetti, Andrea Favaretto Rubelli, Vice President of the Group…
The luxury sneakers of the Venetian brand Golden Goose could land on the stock market in spring 2024 with stellar multiples
According to the quarterly report on Intesa Sanpaolo's industrial districts, exports recorded a setback in the period April-June 2023 - France is the largest market for exports (+7,4%), declines for Germany and the USA
Looking ahead to the Olympics from 2024, the Museum of Decorative Arts in Paris presents, from 20 September 2023 to 7 April 2024, “Fashion and sport, from one podium to another” an exhibition that explores the fascinating connections that unite fashion and…
At the end of Milan Fashion Week, the designer notes that several designers have finally understood that it is time for real and sensible fashion
Fashion week started in Milan. The president of Camera Moda says there is no longer a free slot for fashion shows.
The partnership, which began in 2015, between the two companies continues. However, Apple says goodbye to the use of leather for its accessories. The straps of the French fashion house will now be made with more ecological materials, such as mesh, rubber and mesh
The Italian luxury group has created a campaign to give voice to the small and medium-sized artisan companies in its supply chain - The Minister of Business and Made in Italy Adolfo Urso took part in the event
Between 9 and 21 September the companies in the sector will open their stands and from 19 to 25 September the models will parade to present the Spring/Summer 2024 Women's Fashion. 3.500 brands will bring them together, 10% more than…
According to Intesa Sanpaolo's district monitor, in the first quarter of 2023, Piedmontese exports amounted to 3,1 billion euros. Fashion, mechanics and agro-food stand out. Bad aerospace
Tapestry Inc, former owner of the Coach, Kate Spade and Stuart Weitzman brands has reached an agreement for the purchase of Capri Holdings, the high fashion group that controls the Versace, Jimmy Choo and Michael Kors brands. The new company achieves a turnover…
Net profit of 21 million. Revenues amount to 600 million (-4,8% compared to 2022). Sales down in Asia and North America while growing in the EMEA area
Mayhoola, the Qatari company will continue to hold the majority of the historic Italian maison, but Kering will meanwhile have its own representation on the board and then take over control
Bertelli: "Solid results but we must remain alert and agile" Japan (+38%), Asia Pacific (+21%) and Europe (+20%) are on course
Costume design as the theme of the fourth edition of the summer camp, promoting sustainability and creativity
After yesterday's fall due to doubts about Lvmh, the stock is in fifth place after the half-year which showed a strong increase in revenues (+24%) to 1,13 billion euros
After eight years Bizzarri surprisingly leaves the role of CEO of the Maison. Full powers to Francesca Bellettini. Jean-François Palus becomes president and CEO of Gucci for a transitional period. Gavazza new CEO of Tom Ford Fashion
The Swedish fashion giant is ready to enter the Brazilian market. H&M aims to accelerate its growth in the North and South American regions, with a particular focus on Latin America
Companies are not finding the skills they are looking for and will struggle to replace retiring workers in the long run. Confindustria Moda prepares training activities to help bridge the mismatch
The data from the Confindustria Moda Study Center show an excellent trend in Italian men's fashion. Double-digit growth for shirts, garments, knitwear
The competitiveness of the Piedmont district areas was once again confirmed thanks to the presence of high quality and innovative productions. Only the hazelnut district suffers due to climatic events
Inaugurated Diva, the first exhibition of its kind to celebrate the extraordinary power and creativity of iconic artists who have made their voices heard from the 7th century to today. Until April 2024, XNUMX at the Victoria and Albert Museum,…
Interview with Arianna Alessi, CEO of Red Circle Investments - "We have about thirty investments in companies focused on innovation, quality and sustainability" - "We generally invest in benefit companies, if not already Bcorp, with an eye to…
Although many Italian luxury brands have passed into the hands of foreign giants, Italian managers are still called upon to manage the fashion houses. From Pietro Beccari in Louis Vuitton to Fabrizio Freda from Estée Lauder, including Francesca Bellettini in Saint…
Both managers will report to the CEO of the parent company, Ubaldo Minelli. Sciuto succeeds Gianfranco Gianangeli, who "chose to embark on a new path".
In the dramatic hour of the Apocalypse in Emilia-Romagna, we are somewhat comforted by the dossier of the Symbola Foundation on Italian excellence
The Symbola Foundation brings together with Unioncamere in this review the strengths, unknown and often underestimated, of a country which is instead at the top of sustainability and innovation, and which we are envied in Europe
Honorary degree in global business management for the king of fashion who had already received prestigious awards but who this time sees his role as an entrepreneur rewarded - "I am a rational creative but the drive always comes from…
The founding entrepreneurial family will maintain a minority stake and Gaia Frassineti will continue to cover the role of managing director but Renzo Rosso will make his creative ability felt
INTERVIEW WITH ARIANNA ALESSI, vice president of OTB Foundation, the non-profit organization of Renzo Rosso - In recent years, the Foundation has invested in 350 social development projects around the world, intervening in the main emergencies with an impact on 350 thousand…
Renzo Rosso, President and Founder of the OTB Group, met the students of Luiss and for the occasion the Venetian entrepreneur brought his professional and life testimony, inviting the students to believe in their abilities and stating that in…
The award to the Renzo Rosso Foundation for the commitment shown in supporting the Ukrainian population since the outbreak of war and for welcoming over 440 refugees in Italy
These are the first accounts of the group for which the family has set up a generational handover with the arrival of Andrea Guerra as CEO at the end of January. The new governance plan, together with the proposed dividend of €0,11 per…
The choice of the fashion giant to rely on an intelligence test to choose who to fire is controversial. The cut of 1.500 employees announced in December. Protests by trade unions for the chosen method
The new project identifies standard skills at national level whose learning will be certified at the end of the training course
The latest Mediobanca report on Italian fashion analyzes a sector that is growing even in 2023 but distant from the Stock Exchange: only 17,5% of aggregate turnover is produced by listed companies
The Milan Fashion Week 2023 Autumn/Winter opens. A full calendar of fashion shows and events monopolizes the city and turns the spotlight on a key sector of Made in Italy
The acquisition of Coin was canceled because Ovs prefers, in this market context, to continue its deleverage action in the interest of the shareholders. Revenues in the fourth quarter grew by 11%, Ebitda by more than 10%.
Operating profits exceed 2021, turnover boom - Louis Vuitton flies, positive results for all divisions - Dividend of 12 euros - Arnault: "Let's start 2023 with confidence"
In the fourth quarter, revenues increased 8% to $5,4 billion. Stock up in Zurich
Within 60 days, the company must inform the Authority "on the initiatives taken to overcome the critical elements highlighted in the sanctioning provision"
From 11 to 25 January, for Paris Fashion Week, Christie's will present an online selection of the 115 most beautiful Haute Couture pieces from the VWS Collection - From Beijing to Versailles
The Abruzzo-based company joins the 21 realities of the Italian luxury production center led by Francesco Trapani. For the Florence Group, the acquisition of another 8 companies is in sight by 2023
In the book Dress Coding, Nello Barile analyzes the impact of artificial intelligence and omnichannel strategies on fashion and consumers
Guerra will be proposed to the board of directors on 26 January as CEO. Patrizio Bertelli and Miuccia Prada: "Fundamental step for the evolution of the group and to facilitate the generational transition, initiating Lorenzo Bertelli to assume leadership"
The international luxury giant aims to safeguard and pass on unique knowledge to the new generations. Key role of Italian craftsmanship in the Group which collaborates with a network of 5.000 suppliers and subcontractors for a total of over 200.000 people
This is the largest acquisition in Estée Lauder's history. Marcolin puts up 250 million and takes the perpetual license on eyewear, the clothing and accessories division from Zegna
According to the Mediobanca Research Area, in the first half of 2022 the turnover of the major fashion players grew by 24%. Among the 35 European groups, Italy is the most represented country in terms of numbers, but it is France that wins…
The first sustainability report with reference to 2021 and the carbon footprint in the three-year period 2019-2021 was presented today. Sustainability must be a "state of mind", says Rosso.
The Milan Fashion Week women's spring summer 2023 fashion shows are underway. Many fashion shows will also be open to the public, here is the calendar, names, events
The Bologna-based company is an excellence of Italian craftsmanship, leader in the high-end embroidery sector, founded in 1991 on the initiative of seven women after a training program
Tod's accounts are positive again, driven by business in Europe and the Americas. China in trouble due to Covid. Ferragni remains on the board, possible new collaborations
Real estate investment of 200 million by Renzo Rosso and Coima for the construction of a new industrial hub in the area of the former Milanese airport of Porta Roma destined to increasingly become the Italian fashion hub
FUTURISM AND 'BON TON' by the brothers Thayaht and Ram, a book by Edizioni Leo S. Olschki that introduces us to the 20s and to the invention of the "Suit", an item of clothing that became famous all over the world
The true story of the most revolutionary designer of the twentieth century, Coco Chanel, and the intrigue linked to the most famous, best-selling, most iconic perfume ever, her No 5, are the ingredients of Pamela's bestseller LA REGINA No 5…
The maison has signed a tentative agreement with Filctem, Femca and Uiltec. Focus on parenting and work-life balance. From September, the recognition of the performance bonus will be discussed
The president of Confindustria Moda intervenes on the clarifications of the Mise on what can be facilitated with the R&D tax credit on design and aesthetics
According to Prometeia-Intesa Sanpaolo, Italian industry continued to grow in 2022 - Exports + 21%, the fashion system recovers - War, expensive energy and government crisis will cause a slowdown in the second half of the year
In the first three months of 2022, Italian textile production grew by +34,3%. Sales abroad are driven by the wool (+85,1%) and silk (+50,8%) sectors. The balance of trade thus reaches 292,3 million euros.
