MILAN — Uncertainty is once again clouding the future of the Gianfranco Ferré company.
According to sources, the state-appointed administrators who oversaw the sale of Ferré to Dubai-based Paris Group in February have requested Italy’s minister of economic development to schedule a meeting with the new owner on Monday to question the management of the firm so far. The commissioners are charged with monitoring Ferré for 24 months after the sale, which allowed the firm to emerge from almost two years of government-backed bankruptcy protection.
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?"