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Kering beautè’s challenge
«Starting a project from scratch was intense, the ambitions are high», Raffaella Cornaggia, ceo of the company that belongs to the François-Henri Pinault group, explained to MFF in one of the first interviews in her new role. After the deal on Creed and the launch of Bottega Veneta perfumes, in 2025 it will be Balenciaga’s turn
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From Lvmh to L’Oréal, here’s who drives fashion on the stock market
The MFF Luxury stock index has ranked listed companies by market capitalization, performance, ebitda, and turnover after examining the stocks of over 70 companies in the industry. Fast fashion gains value, luxury becomes more accepted, and Us titles begin to recover. The country with the highest revenues is Italy. Oniverse, Prada, and EssilorLuxottica
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Zara’s fashion revolution
From Kate Moss to Steven Meisel, including Kaia Gerber, Guido Palau, and Stefano Pilati. The Inditex brand accelerates projects with fashion icons and aims for 30 billion. Additionally, under president Marta Ortega’s direction, ceo Maceiras improves positioning, launches pre-owned, and strives for carbon-free
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Brunello Cucinelli: «My tribute to China»
«This country is consolidating; I am very positive about it. Although it is growing less, it has gone from a Gdp of 1 trillion in 2000 to over 18 trillion», explained the humanist entrepreneur, who in Shanghai paraded and gave a lecture at the Tongyi University entitled «Luxury is what is exclusive». And quoting Confucius, he concluded, «Let us be guardians of creation»
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The fashion industry makes a plea to the Ministry of enterprises
A survey by MFF of fashion and accessory associations, which launched an appeal to the government to save the supply chain. In order to be able to face at least another negative six months, it will be essential to solve the issue of tax credit, grant further redundancy, and come up with a national industrial plan for the sector
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Remo Ruffini: «China is going to recover»
«Our sector is the one that suffers the least in the country. I see a lot of potential here», the leader of the 15 billion dollar market capitalization group, which today released the 9-month data, told MFF. «The Genius event generates 5-7% of sales. After 5 years, it will face an evolution»
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When it comes to the supply chain, it is time to synergize
«The sector must be re-united and must be able to communicate its value and needs to the tables that matter», said Flavio Sciuccati, partner of Teha-The european house Ambrosetti at the Venice sustainable fashion forum 2024
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MFGS 2024, The power of lifestyle
«In China, we have revised the forecast», explained Gildo Zegna. «The country is moving towards a new balance», echoed Brunello Cucinelli, connected from Shanghai. The impact of China on luxury is reduced, but it is compensated by the rise of the Middle East and Southeast Asia. The analysis of the former Celestial Empire opened the last day of the summit, closed by a focus on borders for retail
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MFGS 2024, Made in Italy and challenges of the supply chain
Supply chain and designers are in the spotlight for the second day of the Milano Fashion Global Summit. «The green and digital transition can be the levers to boost our competitiveness», said Minister Urso opening the summit. A challenge for icons like Ferrari, while rising star Alsara chooses Milan as its creative hub
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MFGS 2024, the vision of top players
The Milan fashion global summit organized by Class Editori is underway. The focus is on the new rules of fashion and luxury. On stage, Remo Ruffini, reporting from his Genius show in Shanghai, Renzo Rosso of Otb Group, Diego Della Valle of Tod's, and Alfonso Dolce. The emphasis is on M&A scenarios and value-creation tactics that balance market recall with the expanding role of private equity
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Armani’s American dream
«I am coming back to New York at a special moment in my life and career. I have just turned 90, and my company turned 50», said the designer, parading through the spaces of Park Avenue armory, transformed into a 1930s railway station, among travelers wrapped in soft silhouettes and oriental touches
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MFGS 2024: The new rules
The 23rd Milan Fashion Global Summit organized by Class Editori will start on Monday. The goal of the event is to investigate the changes in the fashion and luxury world among global entrepreneurs, new business models, and alliances. Among the speakers are Remo Ruffini, Renzo Rosso, Diego Della Valle, Alfonso Dolce, Gildo Zegna, Brunello Cucinelli, and the minister of Made in Italy, Adolfo Urso
