It is widely believed Giovanni Burani masterminded the expansion of the firm, piling up debt and dabbling too freely and creatively with finances.
Actions with significant implications for the fashion industry now move to the full Senate for a vote.
The Italian designer and Neapolitan suitmaker recently showed their second collection under the MP by Massimo Piombo name at Pitti Uomo.
The photographer had to weather a few torrential downpours in New York City before getting the shots he wanted.
Courtney Quinn replaces the division’s namesake, who has resigned to pursue other interests, according to the firm.
The pieces are to be presented on Sept. 12 at the the private jewelry atelier’s headquarters in Paris.
The former magazine editor collaborated with jewelry designer Jeet Sohal on the bracelets, which feature semi-precious stones and a 14-karat gold chain.