MILAN — Industrie Cosmetiche Riunite has signed an agreement with Gruppo Angelini, giving the latter majority control of Italian Fragrances (ITF), which holds fragrance licenses for luxury labels such as Trussardi, Blumarine, DSquared2 and Pomellato. The deal also gives Gruppo Angelini full control of Munich-based subsidiary ITF Germany GmbH.
Gruppo Angelini, an Italian company specialized in health, wellness and pharmaceutical products, began its involvement with perfumery in 1994 with a stake in Barcelona’s Idesa Parfums, which develops and distributes fragrances for brands including Angel Schlesser, Armand Basi, Custo Barcelona and Mandarina Duck. The acquisition of approximately 60 percent of ITF brings Gruppo Angelini’s perfume turnover to an estimated 120 million euros, or $157 million at current exchange rates. The company’s total consolidated turnover is close to 1.2 billion euros, or $1.57 billion.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)