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Jun 18 2007
9:36AM
EDT
Mourning and Managing at Ferre
Photograph of Gianfranco Ferre by Reuters/Corbis
Gianfranco Ferre's unexpected death from a brain hemorrhage yesterday in Milan poses a difficult dilemma for IT Holding, the publicly traded company that owns the Ferre brand.
A Ferre men's wear show is scheduled for Sunday, and executives must decide quickly whether it should go on as a tribute or be canceled as a sign of respect.
They've also got to act quickly to name a replacement. The stock of the company had dropped 2.69 percent on the Milan bourse this morning.
The Fashion Inc. blog's full post on this can be found here.
by Lauren Goldstein Crowe
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