Edizione’s clothing and textile division represented 6.8 percent of total sales, standing at 1.23 billion euros as the holding plans to support the companies it controls “to ensure their growth and development also by engaging partners that will share strategy and governance.”
The Italian eyewear company has not yet named a successor.
The “Wool So Cool” line includes Woolmark-certified basics in bright, monochrome colors as well as a piece designed by Jean-Charles de Castelbajac.
Gianni Mion was named to lead the group, which also appointed a new board.
Séverine Merle, ceo of Celine and the new head of the Chambre Syndicale de la Mode Masculine, gathered guests at the Musée Picasso on Tuesday.
The company will move away from low-cost positioning and bring back production to Europe.
The runway show will be held at 6:30 p.m. on Feb. 19, kicking off Milan Fashion Week.