MILAN — In less than a year, Antonio Bianchi, president and chief executive officer of Ittierre SpA, has succeeded in expanding the company’s license portfolio with new signature collections for designers such as Karl Lagerfeld and brands such as Balmain; rehired 600 employees, and explored opening stores for the first time.
Bianchi is said to regularly check the company’s invoices on Sundays, and such hands-on management has been injecting new life into Ittierre, which, after two years of government-backed bankruptcy protection, was acquired in January by Albisetti SpA, founded and controlled by Bianchi.
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