Last June, the Italian news media went into a frenzy when the Financial Guard — Italy’s financial police — revealed embezzlement, tax evasion and false bankruptcy charges against former Limoni executives Piofrancesco Borghetti and Nazzareno Brandoni, and the arrest of Limoni supplier Antonio Lemma, owner of perfumery Vapro International and chief executive officer of First American Brands, or FAB. Lemma’s wife, also initially held, was quickly released.
Arrested without receiving a formal notice of investigation, Lemma spent six months in a Como jail and under house arrest, before his release on Dec. 3. The prosecution, led by Giuseppe Rose, has since withdrawn the fraudulent bankruptcy charges against Lemma, but the case is still open and other charges remain, according to legal documents.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)