More From Andrew Roberts
Benetton Profits Fall 63 Percent
Currency fluctuations, shipment rescheduling hit Benetton's results.
Safilo to Focus on Core Business
Safilo Group SpA reports restructuring costs led to losses of 137.7 million euros, or $187.6 million, in the…
Cavalli Sale Talks Break Down
Designer Roberto Cavalli's reluctance to reduce the lofty valuation he places on his fashion brand has ended…
WWD Recommends
Prada Receives Loan Extension
Banks delay repayment until 2012 for the luxury fashion house Prada.
New CEO at Burani Fashion Group
Burani shifts top management as it restructures debt.
Safilo Shares Jump Yesterday on Merger Proposal
The share price of Italy’s Safilo Group SpA spiked more than 20 percent on the Milan Bourse Tuesday.
Yoox Readies for IPO
Online retailer could list before yearend.
Italian Vendors Accused of Fraud
Owner of cashmere knitwear firm Cruciani Srl is among those being investigated in a major fraud case.
Safilo Talks Intensify
Two private equity firms Bain Capital and PAI Partners said discussing stake in the Italian eyewear firm…
New Report Sees Luxury Struggling
HSBC report sees flat or limited growth for luxury in 2010, with brighter view on soft luxury items such as…
Prada Ramps Up Retail
Prada continues to open stores at a quick pace, with plans to unveil a new 6,500-square-foot unit at Place…
Safilo Gets Extension on Loan Payment
Italian eyewear firm continues talks with potential suitors.
Milan Men’s Accessories: Modern Traditions
Favoring tradition, Italian accessories brands revisited historical designs during the men’s shows last…
Safilo Sees Breaching Debt Covenants
Italian eyewear group Safilo expects to breach its debt covenants while negotiating with banks to postpone a…
Prada Rebuffs Purchase of Minority Stake
Prada ceo Patrizio Bertelli is negotiating with lenders the term payment of his company’s debts.