Diesel

MILAN — Diesel is going through a transitional phase, with Marco Agnolin set to leave his role as chief executive officer of the brand on March 28.

Agnolin joined Diesel in January 2018 after a seven-year stint at Bershka, which is controlled by the Spanish retail giant Inditex. Agnolin succeeded Alessandro Bogliolo, who left for Tiffany & Co. in October 2017. Agnolin’s successor is still to be named.

The company said, in the next few months, Agnolin “will continue to be part of the Diesel board in order to guarantee the completion of planned activities.”

Among the upcoming projects developed during Agnolin’s tenure, there is the launch of the Red Tag x GR-Uniforma collection. Designed by Gosha Rubchinskiy, this will be unveiled with an art performance on May 9 in Venice, during the inauguration of the Biennale art showcase.

The Red Tag x GR-Uniforma collection will be exclusively available at Dover Street Market stores and at a network of retailers selected by the showroom Tomorrow Ltd.

Earlier this month, Diesel USA, a subsidiary of the Italian parent company Diesel SpA, filed for protection from its creditors in a Delaware court. In the bankruptcy filing, the company said it has $100 million in assets and about $50 million in debt.

Diesel’s 28 U.S. stores are spread across 11 states. There are 17 full-price locations and 11 factory outlet stores. Renzo Rosso’s son Stefano Rosso holds the role of Diesel USA ceo.

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