Executives pondered all the wisdom to be gleaned from the incomparable designer, who died last February at age 85.
Di Risio helped developed the younger lines’ business for designer brands such as Versace, Trussardi, Roberto Cavalli and Dolce & Gabbana in the Nineties.
The plan includes laying off 700 employees and a revision of the Italian eyewear group’s sales and margins forecasts.
The Italian eyewear group revealed its new 2020-24 business plan on Tuesday, based on its most recent developments, which include the exit of the Dior and Fendi licenses.
The California-based digitally native brand was launched in 2012 and the acquisition will allow the Italian eyewear group to boost its digital and American business, while targeting a younger consumer.
The limited-edition bag was launched during a party at Fendi’s Design District boutique on Wednesday in Miami.
Receiving WWD’s Womenswear Designer of the Year honor, Valentino’s creative director said the brand is where he can better express his values and ideas as he spoke of couture, inclusivity and how “dreams help make a better reality.”
The actress and her 16-year-old daughter are the protagonists of the latest episode of the #MeandMyPeekaboo series.
LVMH is said to have made a bid for Tiffany, which would strengthen its position in fine jewelry.