MILAN — A united front is essential in the face of a difficult economy, according to Fondazione Altagamma. The Italian association of luxury goods companies presented its three-year plan Friday with the goal of strengthening its competitive edge and bringing luster back to Milan and Italy through the excellence of the country’s brands.
In his first address to the press, the association’s newly elected chairman, Andrea Illy, chairman and chief executive of coffee producer Illycaffé SpA, shared his program, which he said was approved by the association even before his candidacy. “Cooperate to be more competitive,” he urged. “Our mission is to be ambassadors of excellence in different sectors and lifestyle.” Illy outlined a partnership project between Altagamma and the government, leveraging the strength of the association’s companies and their business models, as well as their constant growth in exports compared with Italy’s decreasing gross domestic product. “The Altagamma brands have a leading effect, they create demand and this trickles down,” said Illy.
“I see things on the hanger and I’m, like, ‘I never knew that color worked on me.’ It’s things you necessarily wouldn’t choose to wear, but once you put them on, you see why Janie is who Janie is." — Lily Collins on working with former "Mad Men" costume designer, Janie Bryant on creating looks for her role as Celia Brady's in Amazon series, "The Last Tycoon." 📸@jilliansollazzo #wwdeye
EXCLUSIVE: Sarah Rutson has been tapped to Build New American Fashion Group. The parent of Joie, Equipment and Current/Elliott hired the merchant to rev up its brands and expand its portfolio into designer, beauty and lifestyle categories. Read more on WWD.com, link in bio. #wwdfashion
Michael Kors' $1.3B Jimmy Choo deal has the company squaring off with Coach Inc. as both seek to build American powerhouses. Coach bought Stuart Weitzman in 2015 and Kate Spade just two weeks ago, but Michael Kors' acquisition may be putting pressure on its rival in the new push for scale. #wwdnews (📷: George Chinsee)
Meet actress Lucy Boynton, who plays opposite Naomi Watts in the recently released Netflix series "Gypsy." Boynton stopped by WWD to talk about her upcoming projects and her nomadic lifestyle. Get all the details on WWD.com. #wwdeye (📷: @dandoperalski)