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Della Valle’s new generation to enter Tod’s
«Our children will join the company,» the ceo of the billion-dollar Group anticipated to MFF in an exclusive interview. «Giorgia Meloni has just arrived, she will have to play her cards very well to match Draghi’s reputation». «Arnault works a lot, in Italy I do not see the creation of such a hub,» he said about Lvmh, on whose board he has sat for over 20 years
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Fashion toward coronation
From Stella McCartney to Brunello Cucinelli, Victoria Beckham to Federico Marchetti, anticipation is rising for the list of fashion guests at the May 6 ceremony. The three-day celebration is estimated to bring a 4% increase in footfall. Against a 6.9-billion-pound crown expenditure, Burberry will carry out a special project
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A young challenge for Levi’s
The California-based company’s most successful model turns 150 years old and gives itself two reissues, campaigns and special initiatives. In the wake of the Korean wave that is all the rage in fashion, it is teaming up with NewJeans and studying other co-labs. The goal? «To conquer Gen Z and Gen Alpha», cpo Karyn Hillman revealed to MFF
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Pitti’s new era
«We will have 100 more companies than the last edition», new president Antonio De Matteis exclusively anticipated to MFF. For his first interview, he outlined a vision for the supply chain to training to government relations. «Made in Italy can grow over 5%»
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The big chill of Chinese tourism
«In the first months of the year, visas to Italy were 30% of the pre-Covid-19 period», Enit data unveiled. «To return to pre-Covid-19 volumes, we will have to wait until autumn or early 2024», experts from Pwc and Global blue explained. In 2019, our country was the top destination in Europe with over 3 million arrivals
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The dual scenario for fashion on energy crisis
Luxury is among the most resilient sectors due to its ability to pass on the costs of uplifts to the end customer, while clothing as a whole suffers more. «Leather goods, finishing, dyeing, and the creation of synthetic fibers have more significant consequences across the value chain», Fti consulting explained
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For Donatella Versace, the home is like a couture dress
A theatrical stall at the fair and a showroom set-up bring to the stage all the novelties of the maison’s home line, which launches a series of upholstered furniture, as well as chairs, tables and furnishing accessories, and the family extension of some iconic collections. «Someday I would like to be able to design the Oval office of the first female president of the US», Donatella Versace told MFF
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Arnault’s Louis Vuitton surpassed 20 billion euros in sales in 2022
«It is the first maison to touch this turnover,» the Lvmh owner explained at the general meeting, during which he confirmed Diego Della Valle’s new position on the bod. «We pay at least 5 billion in taxes a year,» he said, revealing as well that «Celine exceeds 2 billion»
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Design holding targets the US and Asia
The giant who registered 867.6 million euros in 2022 looks to the US market and Greater China as growth drivers. The group remains open for new acquisitions, while the ipo is halted for now. «We are focused on growth», ceo Daniel Lalonde commented. «We will create a network of boutiques in all major cities around the world», Fendi ceo Serge Brunschwig, whose home collection will have a flagship store in Shanghai in July, explained to MFF
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Dolce&Gabbana unveils the Gen D project
Ten young talents from around the world were called upon to interpret the brand and to learn about Italian craft techniques to enhance them, such as South Korean ceramist Ahryun Lee, US Bradley Bowers, and italians Antonio Aricò and Sara Ricciardi. «We translate into design the openness to the future and to creatives, which is already living in fashion», the designers, who signed a partnership with Fai, said to MFF
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Giorgio Armani opens his home to design
For the debut of the brand’s outdoor collection, consisting of a series of teak furniture, the designer is opening Palazzo Orsini to the public, a significant place full of creative drive. «It is a choice that confirms the importance of dialogue with the public and the city of Milan,» Armani explained to MFF
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Managing Director Antonio Belloni said LVMH will invest 150 million euros in Italy
Antonio Belloni, Managing Director of the French giant, explained to MFF during the You and ME event in Florence. The investment expects to create 1,000 new jobs both in 2023 and in 2024. «Tuscany is one big district for us. We will strengthen the Fendi and Loro Piana factories by hiring more workers», he added
