Italian state-backed investment fund Fondo Strategico Italiano (FSI) has agreed to buy 41.2% of Italian fashion house Missoni, while former Salvatore Ferragamo CEO Michele Norsa will be appointed as deputy chairman.
The Camera Nazionale della Moda Italiana has re-elected Carlo Capasa as its president for a two-year term. This is the third time that Capasa has been elected as president of the Camera, Italian fashion's governing body.
Giambattista Valli has opened a London flagship on Sloane Street as the key shopping thoroughfare’s profile moves even further upmarket with a raft of recent openings adding to its ultra-luxury appeal.
After five months of hype, the tenth and final collaboration between Virgil Abloh and Nike, Inc. stemming from "The Ten" project is slated to launch in the form of a reinterpretation of the Converse Chuck 70 style.