MILAN — Generational change has been hitting the Italian fashion industry for several years, and Missoni’s decision to sell a minority stake to a government-backed private equity fund continues that shift while better positioning the brand for global retail expansion and a possible initial public offering down the road.
There had been talk for years about the Missonis taking outside investment. The deal leaves few large family-owned fashion houses remaining in Italy, and no doubt will spark speculation about the future of those firms, which include Etro and Ermenegildo Zegna. The largest, Giorgio Armani, has already established a foundation to control the company.
The first retrospective of Dior in the U.S. has landed at the Denver Art Museum — and though the exhibition is a continuation of the 70th-anniversary display that bowed in Paris in 2017, “Christian Dior, Couturier du Rêve,” the DAM show offers an entirely new look at the legacy of the house, and its relationship to the world, writes @leighen .
📸: @jamesfloriophotography #wwdeye
Norwegian musician Anna of the North (a.k.a. Anna Lotterud ) has had a rapid rise in the U.S., thanks to her song “Lovers” which was included in this summer’s Netflix hit “To All The Boys I’ve Loved Before.” Next up, a show at Terminal 5. “I’ve never actually done promo or anything in the U.S. before so it’ll be interesting to see,” she tells @leighen . “Because of the Internet I’ve always had American listeners but never been here [playing music].” 📸: @jilliansollazzo #wwdeye