MILAN — The financially struggling Piazza Sempione is seeing some light at the end of the tunnel.
The fashion firm is currently controlled by Luxemburg-based SLPS — a holding company including LVMH Moet Hennessy Louis Vuitton's private equity fund L Capital; the brand's founders Marisa Guerrizio and Roberto Monti, and chief executive officer Enrico Morra as a stake holder. Now Vicenza, Italy-based clothing manufacturer Sinv SpA has emerged as an interested investor in Piazza Sempione, which was hit by a financial crisis in 2011. In October last year, the Milan-based company filed a petition for a composition with creditors with the court.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
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?"