KEEP AWAY: Ahmed Sankari, chairman of Paris Group, which owns the Gianfranco Ferré brand, attended the show on Monday, but all attempts to approach him were firmly thwarted by company handlers. Sankari’s isolation did nothing to help dismiss increasing speculation as to how Paris Group intends to develop the storied label.
As reported in January, the three state-appointed administrators who oversaw the sale of Ferré in February last year have asked the court of Isernia, Italy, to “conservatively sequester” the brand and its assets to avoid its further impoverishment. Needless to say, the commissioners, who are charged with monitoring Ferré for 24 months after the sale, were not at the show.
This story first appeared in the February 28, 2012 issue of WWD. Subscribe Today.