Investment funds Ambria Holding and Xenon, with its company XPP Seven, have created Minerva Hub, a luxury production consortium featuring six SMEs specialised in high-end materials and finishings, led by Matteo Marzotto.
French fashion brand Vionnet is looking for external investors to help develop its retail network and branch out into perfume and eyewear, its Kazakh-Russian owner and artistic director Goga Ashkenazi has said.
Italian trade show organisers Rimini Fiera and Fiera di Vicenza have signed an exclusive letter of intent in view of creating a major Italian trade show organisation, capable of competing on the international market.
A Milan court on Wednesday handed suspended sentences to former Valentino chairman Matteo Marzotto and two other people for tax evasion as part of an investigation into the sale of the Italian fashion house.
As the Universal Exhibition gears up to open its doors in Milan this May 1, Italy's fashion brands and institutions are increasing their initiatives to promote the event, which is expecting to attract 20 million visit...