By  on March 17, 2017
The Aspesi store in Milan

MILAN — “We want to switch on the light,” said Aspesi chief executive officer Fabio Gnocchi about bringing attention to the Italian brand and expanding it globally.

Italian private equity fund Armònia SGR in December acquired a majority stake in Aspesi, which will celebrate its 50th anniversary in 2019, and the closing is expected at the end of April. Founder Alberto Aspesi maintains a 10 percent stake in the company, which is known for its understated collections and, in particular, its classic lightweight down jackets.

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