The Italian designer expressed confidence in the resilience of his namesake company, which registered a 34 percent increase in sales in the first half of 2021, after a 2020 impacted by the COVID-19 pandemic.
Revenues of the Florence-based company grew 44.1 percent in the first six months of the year compared with the same period of 2020.
The chief executive officer of the Ermenegildo Zegna Group discussed the growth potential of the company and the strategies leveraging the IPO.
Marchetti, who will leave his role as chairman of YNAP on July 23, has taken on the role of chair of the fashion task force as part of the Sustainable Markets Initiative launched by HRH the Prince of Wales.
Etro said it has entered into a binding agreement to partner with L Catterton without disclosing terms of the transaction, but sources say the private equity giant is buying 60 percent of the Italian fashion group in a deal valued at 500 million euros.
The appetite for fashion and luxury goods in Asia is not waning as the Florentia Village outlets plan the opening of additional units in China and to enter Vietnam by the end of 2022.
The newly formed VAM Investments SPAC B.V. is focused on consumer products and services, and is launching today. Until July 16, it will be book building for up to 225 million euros, and requesting admission to listing and trading on Euronext Amsterdam.
The namesake entrepreneur sees a promising 2021 ahead and a return of the suit and dressing well.
The T Factory capsule is in collaboration with Hender Scheme, founded by designer Ryo Kashiwazaki, and will be unveiled during Milan Fashion Week.
Entrepreneur Marco Poli has launched The Style Lift, offering a textile service, consultancy and an archive of fabrics both physically in Milan and online.
The Danish Lindberg brand will continue to remain independent, leveraging Kering Eyewear’s organization to further grow globally.