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.
The Rome-based luxury house has announced the appointment of Charles Delapalme's successor as head of retail and wholesale as he leaves to join Christian Dior: Giuseppe Oliveri, who joins Fendi from... Christian Dior.
The Italian fashion group acquired by English asset management firm Attestor Capital last year has confirmed the appointment of Cristiano Portas as its CEO. He brings 16 years of experience leading swimwear brand Arena.
Canadian athletic brand lululemon has unveiled plans to open a flagship store on London’s Regent Street this winter. The 8,200 sq ft store will become the company’s European flagship, and will span three floors at 187...