MILAN – Mission accomplished. Tod’s will delist from the Milan Stock Exchange at the end of trading on May 8. On Friday evening, the Italian luxury group reported that the voluntary totalitarian tender offer of Tod’s shares promoted by Crown Bidco S.r.l., an L Catterton affiliate, had reached an aggregate stake greater than 90 percent … Read more
MILAN — With one swift pull, Tod’s Group chairman and chief executive officer Diego Della Valle on Friday rolled down the curtain that hid the scaffolding covering part of the facade of Milan’s city hall, flanked by Mayor Giuseppe Sala. The event, which drew plenty of onlookers in the square where the building stands opposite … Read more
MILAN — It looks like Chiara Ferragni’s days on the board of Tod’s are over. The name of the digital entrepreneur didn’t appear on the list of nine candidates proposed as members of the company’s board of directors that the firm’s majority shareholder DI.VI. Finanziaria di Diego Della Valle & Co. submitted after the market closed … Read more
MILAN – Walter Chiapponi is exiting Blumarine after only one collection designed for the Italian brand. On Thursday morning, Marco Marchi, sole administrator of parent company Eccellenze Italiane Holding, in a statement thanked Chiapponi for his “vision and commitment,” while revealing his departure. The designer was named creative director in November and unveiled his first … Read more
MILAN — Diego Della Valle is once again putting hand-to-pocket to support Italy’s artistic and cultural heritage. The Tod’s Group chairman and chief executive officer spoke at a press conference at Rome’s Ministry of Culture on Tuesday morning to unveil a partnership with the Italia Pavilion at the Biennale Arte 2024 for the installation of “Due qui … Read more
MILAN — Diego Della Valle, chairman and chief executive officer of Tod’s Group, has not given up on the idea of delisting the company — this time with the help of LVMH chief Bernard Arnault. On Sunday morning, the Italian luxury group — through Diego Della Valle, Andrea Della Valle, DI.VI. Finanziaria di Diego Della … Read more
MILAN — After his exit from Gucci in November 2022 as creative director, Alessandro Michele’s potential future in fashion was the subject of endless speculation and rumors for basically all of last year. The talk grew louder during the Milan and Paris Fashion Weeks, when gossipmongers were positive Michele would land at Fendi, saying a … Read more
