MILAN — After less than two years, Gianfranco Ferré SpA and Ittierre SpA are out of government-backed bankruptcy protection and have secured new owners.
With the approval on Wednesday from Italy’s recently nominated minister of economic development, Paolo Romani, the three state-appointed commissioners of IT Holding SpA have accepted offers by Prodos Capital Management LLC to acquire the Ferré fashion house and by Albisetti SpA to take control of clothing manufacturer Ittierre SpA. This confirms reports in WWD last September.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)