MILAN — “Politicians, enough already.”The large, block letters stood out in the pages of Italy’s newspapers La Repubblica, Il Sole 24 Ore and Corriere della Sera on Saturday, as the eye-catching headline of a letter signed by Tod’s SpA chairman and chief executive officer Diego Della Valle. In an unprecedented move, the Italian entrepreneur bought an entire page in the dailies to firmly denounce the status quo in a country weighed down by debt, political unrest and scandals, unemployment and reduced consumer spending, where “many Italians,” he stated, “no longer respect or trust” a political class that “has completely distanced itself from reality and the true needs of citizens.”Italian papers on Sunday widely covered the reactions to Della Valle’s letter from industrialists and politicians alike. Part of the opposition supported Della Valle, but even Roberto Maroni, home office minister, said the entrepreneur’s words were “to be taken into consideration,” and “a strong signal.” President Giorgio Napolitano urged everyone to work together, united, while Prime Minister Silvio Berlusconi speculated in Sunday’s La Repubblica that Della Valle was aiming to head Confindustria, Italy’s powerful industrialists’ association.Della Valle said in his ads Saturday that it was his belief that “the indecent and irresponsible spectacle that many of you [politicians] are showing is no longer tolerable” for many Italians. He was careful of generally accusing most of the political parties, without singling out one in particular. It is a well-known fact that Della Valle has openly clashed with Berlusconi over the years, but in the letter he underlined that he was addressing those politicians that neglect the country in their own personal or political interests, whatever party they belong to.” Della Valle candidly accused most politicians of being “incompetent and unprepared, clueless regarding the country’s problems, the severity of the moment and a global vision of future scenarios.”In a proactive note, he said that those who “really care” for the country should “work together to face competently and earnestly this difficult moment,” as it is a must “to offer a positive perspective to young people, create and protect jobs and guarantee a dignified life, especially to those more in need.”Della Valle denied in a news report that he had any interest in entering into politics. “I spoke in an unselfish way. I will never enter into politics in my life. I will continue to be an entrepreneur. I have no aspiration. What I say, I say as a citizen,” he noted.Nor is Della Valle the only fashion figure to criticize Berlusconi. Santo Versace on Thursday quite the prime minister’s Popolo della Libertà (People of Freedom) party. Versace, who is also the chairman of the family-owned company, ran for parliament as a candidate in Berlusconi’s party in 2008 for the city of Reggio Calabria, in southern Calabria, from which the Versaces hail. He was elected, but he has increasingly become impatient with Berlusconi. According to Italy’s Radio 24, Versace said, referring to Berlusconi, that “everyone in the government loves him, but nobody wants him anymore, it’s time to pass the baton and enjoy life.”Della Valle has increasingly appeared on nonfashion pages in Italian dailies. He has been vocal about entrepreneurs taking action to preserve Italian historic sites in need of restoration, a program he has dubbed Progetto Italia. Della Valle himself has agreed to sponsor the restoration of the Colosseum in Rome, in addition to supporting the famed La Scala theater. The entrepreneur, who has investments in firms as diverse as Saks Inc., Marcolin, Piaggio, Cinecittà and RCS, which controls Corriere della Sera, is also financing NTV, a new privately held high-speed train service together with Ferrari president Luca di Montezemolo.
Exclusive: @longchamp is planning to stage its first official runway show at New York Fashion Week this fall. The French leather goods firm has expanded into ready-to-wear as part of its repositioning as a lifestyle brand. The show, scheduled for September 8, will also cap the brand’s 70th anniversary celebration. Get all the details on WWD.com. #wwdnews #wwdfashion (📷: @dominiquemaitre)
The Duke and Duchess of Sussex undertook their first overseas engagement as a married couple in Dublin. The trip included multiple events and outfits changes, including this black dress by @emiliawickstead that Meghan Markle wore for a party at the British Ambassador’s home. #wwdfashion #royals
At 20 years old – and with an estimated net worth of $900 million - @kyliejenner is the youngest person to ever make @forbes’ annual list of America’s Richest #SelfMadeWomen. “It’s incredible to be recognized for something I’m so passionate about, and I’m really grateful for that. I’ve always loved makeup and worked really hard to bring the first lip kit to the market,” said Jenner on founding @kyliecosmetics. See who else is on the list on WWD.com. #wwdnews #wwdbeauty (📷: @rainerhosch)
“The collection is inspired by Tulum and the Mayan Riviera – its laid-back luxury, life of cabanas, untouched coastline, natural habitats, exotic cocktails and jungle parties with renowned DJs,” said Matteo Maniatty, creative director and cofounder of @descendantofthieves, on the brand’s inspiration for its latest collection. See more designer sketches and inspirations on WWD.com. #wwdfashion #nyfwmens #nyfw
@riccardotisci17 is releasing a limited-edition capsule collection as part of his anticipated runway debut for @burberry in September. Delivered in a series of instant drops, this is the second Burberry capsule collection announced since Friday, when Tisci broke the news on his collaboration with @viviennewestwood. Get all the details on WWD.com. #wwdfashion #wwdnews
“It’s like a Cinderella story. You get a little fake, you get a little real, you put it together and voilà,” said legendary rapper Slick Rick, who helped pioneer the merge of luxury and streetwear. WWD’s @ariahughes spoke to @therulernyc about his jewelry collection, his collaboration with @bally and how the industry has evolved – link in bio. (📷: @kristaschlueter)
@ragandbone and @eminem are teaming up on a special capsule collection of streetwear pieces. Sold at a one-day pop-up in London’s Soho on Friday, the collection features three different T-shirt designs and a hoodie. The capsule is set to kick off the rest of Eminem’s shows in his European Revival Tour, which ends on Sunday. Get all the details on WWD.com. #wwdfashion