More From Sara Gay Forden
Moda Mecca Italy’s Position as Production Center for the World’s Designers is Getting Stronger all the Time.
MILAN -- Based on its strong tradition in small, family-owned artisan workshops, Italy is fast becoming the…
Ice’s New Era
MILAN -- Italy's Foreign Trade Commission, ICE, one of the biggest promoters of Italian fashion outside Italy…
A Gemina Priority: New GFT Chief
MILAN -- Now that Gemina SpA has acquired GFT, it is expected to move quickly to appoint top management at…
Hiking Bid to $375M, Fiat Outpaces CVC to Win Race for GFT
Milan -- Raising its offer for GFT SpA to the equivalent of $375 million (600 billion lire), Gemina SpA, a…
Probe of Italian Fashion Houses Nets Tax Cop for Versace Payoff
MILAN -- A marshal of the Guardia di Finanza, Italy's tax police, was arrested in Turin Thursday for…
Krizia’s Mandelli Admits Paying Bribe to Italy’s Tax Police
MILAN -- Mariuccia Mandelli of Krizia has admitted to investigating magistrates here that she paid off…
Bribery Probe in Italy Eyeing Fashion Industry
MILAN -- The dreaded moment has arrived here.
Investigating magistrates engaged in Italy's epic "Tangentopoli"
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Franco Moschino Dies in Italy
MILAN -- Franco Moschino, a designer who became an international success despite a professed distaste for the…
Plaid, GFT Continue Negotiations as Deadline Passes Without Result
MILAN -- The deadline for Plaid Clothing Group PLC to acquire troubled Gruppo GFT came and went with no…
Citicorp Unit Bidding for GFT, Would Bring Signorini Back to Helm
MILAN -- The continuing saga of GFT SpA has taken a new turn, with the announcement Friday by CVC Capital…
2 Days of Plaid-GFT Deal Talks Yield Silence, Fuel Speculation
MILAN -- Two days of what were expected to be final meetings to reach a decision on a sale of GFT SpA to…
GFT Blames Restructuring for $125 Million Net Loss
MILAN -- GFT SpA, citing costs associated with its "massive restructuring effort," reported a 1993…
Signoroni Confirms He’s Left GFT
MILAN -- With the proposed acquisition of GFT SpA by Plaid Clothing Group PLC apparently moving ahead, GFT…
Signoroni is Quitting GFT Over Plaid Deal
MILAN -- In a development that few people anticipated, Clemente Signoroni, who joined GFT SpA just 10 months…
Biagiotti Hits ‘Fascist’ Label
MILAN -- Gianni Cigna, Laura Biagiotti's husband and chairman of their fashion company, Laura Biagiotti…