The entrepreneur added another chapter to the dispute releasing a note on Thursday, exactly a week after the news of Fashioneast’s majority-stake acquisition by Luxembourg-based investment company Blue Skye Sarl. Fashioneast has been controlling the John Richmond fashion brand since November 2015, when it bought 100 percent of the label from Akkurate Ltd.
As one of the Akkurate Ltd.’s main shareholders, Moschillo reacted back taking legal action. The conflict reached a turning point last June, when the Milan Court declared that the entrepreneur had no rights to use any label and trademark including Richmond or John Richmond. The following month, Moschillo appealed the decision at the Milan Court, which suspended the verdict.
As reported by the Italian daily paper Il Sole 24 Ore on Sept. 15 a new warrant confirmed the decision of the court to deny Moschillo the usage rights of the labels and to retire from the market the garments produced under the Richmond and John Richmond trademarks.
In the most recent note, Moschillo specified that the decision is not final, but it’s a “precautionary measure, based on European brands exclusively and that it has no definitive result.”
Moschillo’s intention is to act through all three Court stages in order to “completely protect his reasons and rights, which he trusts will be recognized.”