H&M’S SAFETY NET: Hennes & Mauritz will host Project KidCare, a national child safety program, at 27 of its mall stores on Aug. 24 and 25. Parents or guardians who visit H&M can have children photographed and fingerprinted at no cost and will be...
H&M’S SAFETY NET: Hennes & Mauritz will host Project KidCare, a national child safety program, at 27 of its mall stores on Aug. 24 and 25. Parents or guardians who visit H&M can have children photographed and fingerprinted at no cost and will be given safety and emergency information. "As recent news indicates, missing children have become an increasingly urgent national problem," said an H&M spokeswoman. "Yetfew people know that a simple photograph can be the most important tool in the recovery of a child."
DE RIGO RISES: Eyewear maker De Rigo’s revenue rose 1.7 percent to $270.49 million from $265.95 million for the six months ended June 30. Dollar figures have been converted from the euro at current exchange. Growth in wholesale and retail sales, especially at Spanish retail chain General Optica, compensated for a drop in sales at Eyewear International Distribution, its joint venture with Prada. EID, which makes eyewear for Prada brands like Miu Miu, Helmut Lang and Jil Sander, saw its sales drop 26 percent to $14.7 million from $19.7 million as De Rigo shifted distribution to use more third-party retailers, which buy the eyewear at lower prices. De Rigo said unit sales at EID were up 11 percent.
NEW EYE GUY: Gruppo Marcolin, the Longarone-based eyewear manufacturer, has named Antonio Bortuzzo general manager. In this new position, which is effective Oct. 28, Bortuzzo will supervise various strategic divisions, including the financial, administrative and sales departments. Bortuzzo, 42, will report to brothers Maurizio and Cirillo Marcolin, both group chief executive officers. Prior to joining Marcolin, Bortuzzo was a senior partner at Ernst & Young Financial Advisors, managing the strategic finance division. Marcolin’s portfolio of clients includes Dolce & Gabbana, Roberto Cavalli, Chloé, Costume National and Replay, among others.
DELLA VALLE SCORES: Tod’s chief executive Diego Della Valle has bought control of A.C. Fiorentina, the cash-strapped Florence-based soccer team. Under previous owner media magnate Vittorio Cecchi Gori, the team was unable to come up with the funds needed to participate in the Italian league. Della Valle’s spokesman was not available for further information but sports newspaper Gazzetta dello Sport said the company that controls the team, Fiorentina 1926 Florentia, will also sell off 20 to 30 percent of its capital by offering shares to soccer fans. In other sporting pursuits, Della Valle last week joined the board of luxury carmaker Ferrari.
Alberta Ferretti's "Rainbow Week" sweaters are back. The designer closed her #MFW show with a few day-of-the-week sweaters, which first debuted on the catwalk last January as part of the pre-fall 2017 collection. #wwdfashion (📷: @delphineachard)