the Italian brand who is reshaping the world of fashion, one plant-based bag at the time

Miomojo: the Italian brand who is reshaping the world of fashion, one plant-based bag at the time

Italian pioneer, Miomojo, the designed kind fashion brand, really embodies the meaning of sustainability. From tradition to innovation, the vegan brand is bringing Italian design on a fresh wind. Have you ever heard about Cactus Leather, AppleSkin or Corn Leather? From cacti, apples and corn, these organic materials waste’ take new life instead of being … Read more

Italian luxury fashion brand Zegna to go public in $3.2 billion SPAC deal – FT

Italian luxury fashion brand Zegna to go public in $3.2 billion SPAC deal - FT

Plywood covers the windows of an Ermenegildo Zegna store in Chicago, Illinois, U.S. October 13, 2020. Chicago police have warned local retailers to prepare for possible protests around Election Day. Picture taken October 13, 2020. REUTERS/Moe Zoyari/File Photo(Reuters) – Italian luxury fashion group Ermenegildo Zegna has agreed to go public by combining with a special-purpose … Read more

LVMH-backed fund to buy 60% of Italian fashion label Etro: Report

French luxury giant LVMH (Bloomberg)

L Catterton, a private equity firm backed by French luxury giant LVMH, has agreed to buy a 60% stake in Italian fashion company Etro, two sources familiar with the matter said on Sunday. The deal values Etro at about 500 million euros ($590 million), the sources said, confirming reports in Italian newspapers La Repubblica and … Read more

LVMH-backed fund to buy 60% of Italian fashion label Etro-sources

LVMH-backed fund to buy 60% of Italian fashion label Etro-sources

A LVMH luxury group logo is seen prior to the announcement of their 2019 results in Paris, France, January 28, 2020. REUTERS/Christian HartmannMILAN, July 18 (Reuters) – L Catterton, a private equity firm backed by French luxury giant LVMH (LVMH.PA), has agreed to buy a 60% stake in Italian fashion company Etro, two sources familiar … Read more

Ferrari-Owner Exor Forms New Venture With World-Wide Investment Co. to Invest in Mid-Size Italian Brands

Ferrari-Owner Exor Forms New Venture With World-Wide Investment Co. to Invest in Mid-Size Italian Brands

Exor N.V. appears to be doubling down in its previously stated attention on luxury and the Asian market, announcing on Wednesday that it is partnering with Hong Kong-headquartered World-Wide Investment Company Limited “to invest in medium-sized Italian companies focused on high-end consumer goods.” As first reported by Reuters, the new venture between the holding company of … Read more

Moncler CEO: I don’t see consolidation in Italian fashion market

Moncler CEO: I don't see consolidation in Italian fashion market

The chief executive of Moncler (MONC.MI) said on Thursday that he did not expect consolidation in the Italian fashion market due to a deep history of family ownership of companies, but indicated that he was not constrained by this culture.In a European luxury goods industry dominated by French conglomerates LVMH and Kering, Italian players – … Read more

Italian luxury fashion brand Valentino latest to ban fur

Pic: BalazsSebok / Shutterstock.com

Pic: BalazsSebok / Shutterstock.com Italian luxury fashion house Valentino has joined hundreds of other companies — including Calvin Klein, Coach, Burberry, Gucci, Michael Kors, Ralph Lauren and Versace — that have banned fur in the recent times, said Animal rights organisation People for the Ethical Treatment of Animals (PETA). The brand has announced that … Read more