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Alberta Ferretti partners with Gran Meliá
The designer of the Aeffe brand has customized the Bombon Pool Club at the historic Hotel de Mar, part of the Spanish chain in Mallorca, in celebration of the hotel’s 60th anniversary. «I dress people, but decorating interiors has always been a great passion of mine», she told MFF. A celebratory event is scheduled for July 4
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Isabel Marant returns to Italy
The designer, at the helm of her eponymous brand with an annual turnover of approximately 250 million euros, has inaugurated a pop-up store in Bellagio in collaboration with Tessabit, which will remain open until October. «With boutiques in Milan, Florence, and Rome, Italy is a key market for us», the designer told MFF. «Montefiore has always given me creative freedom». In 2024, the brand will celebrate its 30th anniversary
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Diego Della Valle underlines the importance of businesses playing a social role
The municipality of Arquata del Tronto has awarded honorary citizenship to the Della Valle brothers for their support following the 2016 earthquake. «I asked the mayor how we could help. He replied: by creating job opportunities», Diego Della Valle told MFF. As a result, a 2,000-square-meter factory was built. «All successful companies must take care of their own territory»
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Fendi launches its first high-end fragrance collection
The collection of seven luxury perfumes, now a business estimated at over 11 billion euros, kicks off the celebrations for the Brand’s centenary, to be celebrated in 2025. «The project was developed in-house with the support of Lvmh», Silvia Venturini Fendi told MFF. «Now we can say we have touched all the senses»
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Balenciaga at a crossroads
An MFF investigation into Balenciaga on the eve of its show in Shanghai. Lyst reports a slow recovery in the Brand’s reputation. A rebound in the US will be crucial
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The M&A stall in the fashion and luxury sector continues
«Following a 51% decline in deals in 2023, as reported by PwC, the slowdown continues into the early months of 2024», experts explain to MFF. «Advisors now recommend waiting until the second half of 2024 or 2025 to sell or buy companies». The anticipated arrival of an industrial partner for Missoni remains on hold, while there are indications that Etro is assessing the market with Rothschild
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Louis Vuitton’s Spanish drama
Nicolas Ghesquière has chosen Park Güell as the stage for his latest cruise collection, paying tribute to Barcelona ahead of the America’s cup in August, where Lvmh will be a partner. «There are reflections of Spanish culture elements of Goya and Velázquez, mosaics inspired by Gaudí’s aesthetics, and the colors of Ricardo Bofill»
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Bulgari’s challenges for its 140th anniversary
On the occasion of the 140th anniversary of the maison, ceo Jean-Christophe Babin shares his expansion plans with MFF. «Our high jewelry division in Rome will see its workforce triple in a new, larger hub». Meanwhile, the Lvmh maison celebrates the Aeterna collection in the heart of the city, with stars including Carla Bruni and Anne Hathaway. «Through our foundation, we are committed to preserving Italian culture»
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Green luxury takes the stage in Copenhagen
Kering, Brioni, Ralph Lauren, and Ganni are set to take center stage at the Global fashion summit, taking place from today until may 23 in Copenhagen. «I see a strong desire in the luxury sector to accelerate sustainable change. We expect community policies for the sector from the European Parliament», Federica Marchionni, ceo of Global fashion agenda, explained to MFF
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Fashion scores a match point
From Louis Vuitton’s latest campaign featuring Roger Federer and Rafael Nadal to Gucci’s collaboration with Jannik Sinner, the fashion industry is embracing the tennis aesthetic, further fueled by Luca Guadagnino’s latest film, «Challengers», starring Zendaya
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New York commands 5 billion euros in luxury street rents
An MFF investigation into retail rents in the Big Apple reveals that Fifth Avenue, with peaks reaching 24,300 euros per square meter per year, remains the most expensive street in the world. SoHo’s top destinations, at 13,500 euros, surpass Madison Avenue, which commands 12,350 euros. The American metropolis totals double the commercial rents of Paris and four times those of Italy
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Alessandro Michele’s philosophy of fashion
«Critical thinking has guided me throughout my journey since my first runway show for Gucci in 2015», the designer explains at the Turin book fair. There, he presents his literary debut a year and a half after parting ways with Gucci. Among his earliest fashion memories, he mentions a dress by Valentino Garavani. How are you preparing for your first runway show with Valentino? «First of all, I live...»
