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.
“I’m looking forward to jumping into the creative process and exploring fashion through a different lens,” said actor Michael B. Jordan exclusively to WWD about becoming the first face of @coach ‘s men’s business. Not only will the actor appear in its global ad campaigns, but he will also create a capsule with designer Stuart Vevers. Tap the link in our bio to learn more. #wwdfashion
“The name of the show is GP — giant pockets,” said Karl Lagerfeld pre-show, in his backstage meeting room at @Fendi to Bridget Foley. @Bellahadid was one of the many famous faces who graced the catwalk including @Gigihadid, @Adwoaaboah, and yes, even @Kendalljenner. #wwdfashion
Photographed by Kuba Dabrowski/WWD
“We are obsessed with Fendi and we want to share this obsession,” said CEO Serge Brunschwig to WWD. @Fendi will be releasing a new capsule collection Oct. 16 centered around the Fendi/Fila logo created by Instagram artist @Hey_reilly. Further proving the logo trend isn’t going anywhere. Link in our bio for more details. #wwdfashion