MILAN -- Michele Scannavini has resigned as Fila's managing director and chief executive officer.
A statement issued by the Biella, Italy-based company said that Scannavini left "to pursue a new professional challenge in a different industry," and thanked him "for his commitment and contribution" to Fila's business. A company spokeswoman said Scannavini's new post was not known, but that it was not in the clothing sector. Scannavini could not be reached.
Marco Isaia, Fila's group chief operating officer since January 1998, will succeed Scannavini.
A spokeswoman at Holding di Partecipazioni Industriali, which owns Fila, said the parting was amicable and that his exit bore no relation to the sale of Fila. As reported, investment company Continental Partners is closing in on the purchase of the brand. "We are sorry Scannavini is leaving," said the HdP spokeswoman. "But Isaia, who knows the company inside-out, will guarantee a continuity at Fila."
Scannavini joined Fila in December 1998. He was previously sales marketing director at Ferrari. At Fila, he restructured the company, reducing the operating branches from 42 to 23; he expanded business in the U.S., which currently accounts for 23 percent of sales, and focused on retailing, opening flagships last year in Milan and London. Following a three-year licensing agreement signed with Ferrari in 2001, last month Scannavini signed a three-year agreement running through 2004 with TSS+P, based in Twickenham, England, to produce and distribute the Ferrari Tifosi line of clothing inspired by the Formula 1 team. In the third quarter 2001, Fila registered a 5.3 percent drop in sales, to $254.6 million, and operating losses of $1.9 million. Sales in the U.S. grew 26.8 percent, to $75.6 million. Europe, however, registered a 22 percent drop caused by declines in France, Germany and England. Spain, on the other hand, grew 53 percent and Italy rose 6.5 percent.
As reported, Continental Partners is led by three executives: former Danskin owner Byron Hero, Tony Conti and investment banker John Percival. Conti, a former senior executive at Deloitte Touche, once partnered with Gucci to buy B. Altman and later sold it to Hooker Retail.
“What he has done at Vuitton is really exceptional,” said @gameofthrones’ actress Gwendoline Christie on @mrkimjones’ final show for @louisvuitton. “He has rebooted luxury in terms of making it commercial, viable and contemporary. And most importantly artistic. He has never compromised his artistic vision for the sake of commodity.” (📷: @zefashioninsider)
After seeing a demand for men’s wear from its customers, British contemporary women’s wear label @ariesarise has added a men’s wear component and will launch a unisex collection with @mrporterlive. The 20-piece collection includes jackets, denim, logo T-shirts and more with deconstructed ‘90s vibes. Set to launch on January 18, you can shop the pieces on Aries’ website and on mrporter.com. #wwdfashion
“And so spending so much time with a character who thinks like that, inevitability you try and analyze yourself and go back and think about your own demons and dark chapters that you had in your life,” says @thedanielbruhl of his role in TNT’s “The Alienist.” The show, set in the Gilded Age of New York, also stars Dakota Fanning and Luke Evans. Head to WWD.com to read about how 39-year-old Brühl prepared for the role and why he thinks the show is so relevant to today #wwdeye ( 📷: @Eriktanner)
Now that Celine Dion’s collection has topped $10 million in sales, the pop superstar, fashion icon and newly-minted industry player is eyeing growth in Asia. Read the full report by @tiffanyap, link in bio. #wwdnews #celinedion
“My personal philosophy to beauty is paying attention to oneself. I love to be outdoors, lots of fresh air, trying to take care of yourself as best you can. I always notice that comes through,” says Felicity Jones, the global face of @shiseido-owned @cledepeaubeauteus, which launches today. Head to WWD.com to read more about the actress’ love for beauty and how she prepared for her new role in “The Basis of Sex,” playing the young Ruth Bader Ginsburg. #wwdbeauty (📷: @dandoperalski)
Among the familiar faces at @off____white’s show was a surprise figure: Japanese artist @takashipom, pictured here on Wednesday morning. Other show-goers included @jerrylorenzo, who spoke about his upcoming project: a @nike collaboration for back to school, with designs inspired by his childhood on the West Coast. Sitting in the front row were Future, Don Crawley, @miguel and more. See the rest of the photos on WWD.com #wwdeye (📷: Stephane Feugere)
According to @laurentsai, former “Terrace House: Aloha State” cast member, she didn’t know she was auditioning for the Japanese version of “Real World.” “I was telling a couple of my friends and someone’s like, ‘That sounds a lot like Terrace House.’ I was like, ’No it can’t be.’” Turns out, it was. But Tsai isn’t just a reality star — she’s an illustrator who has worked with Starbucks Japan and most recently, she’s dipping her toes into the fashion world. Head to WWD.com to read about her time on the show, modeling and her art. #wwdeye (📷: @danieldorsa)
More changes are coming to New York Fashion Week: Beginning with the spring 2019 collection, @alexanderwangny will move his New York show to June from September, adopting a biannual schedule with collections shown in June and December. Additionally, the @cfda is planning for an official summer/winter fashion season taking place as soon as June and December 2018. Read more about the upcoming changes on WWD.com. #wwdnews #wwdfashion (📷: @slovekinpics)