MILAN — Valextra’s trip “back to the future” is in the hands of Massimo Suppancig, the newly appointed chief executive of the Italian luxury leather goods house.

Suppancig, a fashion veteran whose résumé includes top jobs at Escada and Hugo Boss, has taken a stake in Valextra and plans to restore the Milan-based company to its former glory. In the Sixties and Seventies, Valextra was a favorite of such style icons as Jacqueline Kennedy, Grace Kelly and Gianni Agnelli, and renowned for its luxurious, made-to-order travel cases and handbags.

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