MILAN — Italia Independent Group SpA, the fashion group controlled by Lapo Elkann, said Monday revenues surged in the first three quarters of the year, driven primarily by eyewear sales.
In the first nine months of the year, revenues rose 73.4 percent to 18.4 million euros, or $24.95 million, versus the same period last year, lifted by sales in Italy and abroad. Dollar amounts have been converted at average exchange rates for the periods to which they refer.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"