By  on January 9, 2012

MILAN — Veteran fashion executive Giancarlo di Risio is in a pharmacological coma, following a heart and respiratory collapse, according to sources.

Di Risio was instrumental in the launch of young lines for designer brands such as Versace and Dolce & Gabbana in the Nineties, as chief executive officer of Ittierre, those labels’ licensee.

After a stint at Fendi, Versace tapped di Risio in 2004 as the company’s ceo. His experience in the luxury goods sector, organizational skills and production expertise helped bring structure to Versace and turned around the company, returning it to profitability in 2006. Di Risio left Versace in 2009, returning to his hometown of Isernia, Italy.

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