DISPUTING DIEGO: The Colosseum may no longer host gladiatorial fights, but it certainly provokes battles of a different sort.
Months after Tod’s chief Diego Della Valle offered a donation of 25 million euros (about $31 million at current exchange) to restore the beloved Roman monument, Codacons, Italy’s consumer protection agency, is still in a huff. On July 3, the T.A.R., Rome’s regional court, deemed the agency’s protest against Della Valle’s winning bid inadmissible.
This story first appeared in the July 6, 2012 issue of WWD. Subscribe Today.
“Citizens don’t have a voice in the shameful use of national monuments,” declared a Codacons statement that disputed the court’s conclusion. “At this point, considering the abnormal reasoning provided by the judges, it is very likely that we will appeal to the Council of State.”
Reached on Wednesday afternoon, a spokeswoman for Tod’s said the company had no comment.