MILAN — The Galleria Vittorio Emanuele here is at the center of an investigation by the Court of Auditors.
Earlier this month, the city’s municipality received a letter from the tax court asking to provide the documents related to the new lease contracts signed with Versace, which will open a store in a space previously occupied by high-end silverware and tableware vendor Argenteria Bernasconi, and with Prada. The latter label will expand its presence in the shopping arcade, incorporating two windows of the adjacent Ricordi Media Store, along with its mezzanine floor, in order to open the Fondazione Prada’s exhibition space.
The aim of the investigation is to verify if the municipality reported a loss of revenues by reassigning the commercial spaces in the Galleria without any tender notice. Neither Versace nor Prada are being investigated.
“The opening of an investigation by the Court of Auditors automatically follows the filing of a petition,” said Daniela Benelli, town councillor for the state land administration, referring to the center-right party’s opposition to the city’s reassignment of the spaces without requesting general proposals. “We are sure about the proper handling of this operation, which brings various and relevant benefits to both the city itself and the municipality.”
According to Benelli, the new lease contracts will allow the city’s municipality to get 5 million euros, or $6.8 million at current exchange, more than it previously received. In addition, Versace, Prada and Feltrinelli will donate 3 million euros, or $4 million, to clean the gallery.
Supermodel @helenachristensen teamed up with longtime friend and designer @camillastaerk on a joint @paredeyewear collaboration. The lineup features three styles and 11 offerings, all of which embody a vintage feel. Get all the details on how they celebrated the collab on WWD.com. #wwdaccessories #wwdeye (📷: @slovekinpics)
“It’s a hard industry to keep motivated, as well, so finding different subjects and people is what makes it worth it – when you’re like, oh, I’ve met great people, I feel like I’ve done something good, and I feel proud of having done this,” said French actress Stacy Martin on being grateful for the variety of roles she’s take on. Read @ktauer’s full interview with Martin on her her latest film “Godard Mon Amour.” #wwdeye (📷: @danieldorsa)
After showing in front of the Eiffel Tower for his last two women’s ready-to-wear collection, it looks like @anthonyvaccarello may be heading to the Big Apple. Sources say the designer will stage his next @ysl show in NYC on June 6. Get all the details on WWD.com. #wwdnews #wwdfashion (📷: @aitorrosasphoto)
EXCLUSIVE: Two and half months after John Targon, cofounder and codesigner of Baja East, was hired as creative director of the contemporary division at Marc Jacobs, he has left the company, WWD has learned. Marc Jacobs International, which is owned by LVMH Moët Hennessy Louis Vuitton, confirmed Targon’s departure in a statement: “John Targon is a talented designer and we appreciate the work he has done here. Ultimately working together did not make sense for the brand and we wish him the best.” Read the story by @jessiredale, link in bio. #wwdnews
@theluxurycollection is officially launching a collection, tapping Sofia Sanchez de Betak for the capsule. Over 30 styles will be featured in the Chufy x The Luxury Collection, debuting next month at Bergdorf Goodman, The Webster, FiveStory and more. De Betak, known as “@chufy,” drew inspiration for the collection from her trips to Japan in the past year #wwdfashion
@lhd, founder and CEO of @thewebster, has teamed up with @lebonmarcherivegauche for the European launch of her ready-to-wear line, LHD. The launch will come with an exclusive pop-up opening today that’s set to run through May 20. Located on the second floor, it carries her debut Miami-themed resort collection, launched in November as see-now-buy-now. #wwdfashion