The famous Florentine luxury retailer has finalized the sale of a 40% stake to Italian investment fund Style Capital. Founder Andrea Panconesi, has retained his role as president, while Alessandra Rossi has become CEO.
Italian fashion group OTB has joined a consortium formed by luxury goods heavyweights LVMH, Prada and Cartier that uses blockchain technology to trace the origin of high-end products to fight counterfeiting.
Following Sacai's Chitose Abe, it's the Belgian designer's turn to take charge of Haute Couture at Jean Paul Gaultier for a season. His collection will be unveiled at the brand's Parisian headquarters in January 2022.
Renzo Rosso’s fashion group has recently appointed Marita Spera as chief public affairs and corporate communication officer. The Italian executive, formerly with YNAP, has a wealth of international experience.