MILAN — The future of hat maker Borsalino lies in the public auction that has been scheduled for July 12. To be held at the court of Alessandria, the Italian city where the company is based, the auction’s deadline has been set for 4 p.m. The binding offers for the insolvent company will start from a minimum amount of 6.4 million euros.
Private equity group Haeres Equita, which in 2016 took control of the luxury firm and last July acquired the right to use the Borsalino label from bank Mediocredito for a sum of 18 million euros, will bid more than 7.8 million euros, WWD has learned.
Ralph Lauren can add a new notch to his leather belt: Honorary Knighthood. A representative of Her Majesty Queen Elizabeth II will present the honor to the iconic American designer at a ceremony next year, reports @lisajlockwood . #wwdnews
Cosmetics entrepreneur Charlotte Tilbury came face to face with one of her inspirations when Queen Elizabeth handed her an MBE, or Member of the Most Excellent Order of the British Empire, at Buckingham Palace earlier today. #wwdbeauty
Stella McCartney has been designing wedding looks for customers, friends, family — and herself — for years.
And now, leveraging the success of the dress she designed for the Duchess of Sussex’s wedding reception in May, McCartney is launching, Made with Love, a bridal line including eight dresses and an ivory tuxedo, reports @natalietheodosi . “I feel very protective over the bride, because I know what it was like when I got married, and for me to do my own wedding dress. There are moments that are so personal and private, so emotional and loaded with many different issues,” McCartney told WWD in an interview in June. “I think we are really blessed to have the emotional trust with a woman. She’ll come in and feel the love that we put into everything. What she chooses can be conventional or unconventional. It’s a personal experience.” #wwdnews