More From Andrew Roberts
Marcolin Returns to Profitability
Eyewear firm forecasts “good results” in 2009.
Tod’s Profits Rise 8 Percent
Outlook for '09 'positive'.
Economy Poses Challenge for Eyewear Sector
At Mido, brands focus on innovation and cutting costs amid gloomy economy.
Safilo’s Game Plan
Ceo Roberto Vedovotto steers the company through challenging times.
Aeffe Profits Fall
Aeffe SpA executive chairman Massimo Ferretti urges action against recession.
Bulgari Profits Fall 45 Percent
Jewelry firm sees tough year ahead.
Safilo’s Majority Shareholder May Dilute Stake
If majority shareholder in Safilo Group SpA dilutes its holding to obtain new financing for the group, stock…
Permira Investor Writes Down Valentino Stake
The largest investor in private equity group Permira Advisers LLP has written down its stake in Valentino…
Ittierre to Sue Cavalli
Ittierre SpA to take legal action against Roberto Cavalli.
IT Holding Runs Into Financial Wall
Ferré, Malo sales seen as parent IT Holding enters Chapter 11 equivalent.
Ittierre SpA Gets Funding
Ittierre SpA has secured itself a lifeline.
Yoox Revenues Rise in ’08
Online luxury fashion retailer Yoox reports 48% increase in 2008 revenues.
Benetton Profit Rises in ’08
Retailer Benetton said that it plans 'radical actions' after slower fourth-quarter growth.
Versace CEO Urges Consistent Strategy
Versace reported an 8.2 percent increase in 2008 revenues.
Safilo Shares Downgraded
Moody’s Investors Services downgraded Safilo Group SpA on Friday on concerns about slowdown in demand.