Milan — Enrico Mambelli has stepped down as chief executive at Ferré, the Italian fashion house, but will continue to be a member of the board and will supervise special projects.

Mambelli said in an interview that he was leaving his post because he has completed his mandate to incorporate Ferré into IT Holding SpA, the fully integrated apparel and accessories manufacturer.

It’s unclear how long Mambelli will stay with Ferré, since an industry official said he may consider going out on his own.

IT Holding, which also owns Malo and Extè, acquired Ferré in 2000. Tonino Perna, president and ceo of IT Holding and the president of Ferré, also will take over as ceo for the fashion house.

“My mission at Ferré was to end longtime licenses with Marzotto, De Silva for cosmetics and Guardiani for footwear, and to shift that part of the production to IT Holding’s division,” Mambelli said.

IT Holding, in fact, is a vertically structured group that acts on all production fronts, from fragrances to eyewear and from clothing to jeans.

A company spokesman added that Roberto Jorio Fili was tapped to be a consultant for Ferré, although his role is still unclear. Previously, Jorio Fili held key executive posts at GFT, Calvin Klein, Valentino and Agnona.

— Alessandra Ilari

This story first appeared in the July 19, 2004 issue of WWD. Subscribe Today.