More From Sara Gay Forden
Ice’s New Era
MILAN -- Italy's Foreign Trade Commission, ICE, one of the biggest promoters of Italian fashion outside Italy…
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…
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…
WWD Recommends
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"
…
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…