BizJournals Portfolio
Jun 29 2007 12:00am EDT

Ferre post Ferre

It's not been a good Spring for fashion with a number of high-profile deaths including Isabella Blow, Liz Claiborne, Steven Robinson (of Dior) and Gianfranco Ferre. Massimo Macchi, the C.E.O. of Ferre's parent company, IT Holding, gave an interview to WWD explaining that he was likely going to chose an in-house designer to replace Ferre and said that although the decision of Dolce & Gabanna not to renew their D&G license with them cost an 8 percent drop in earnings, it meant that more money and resources could be channeled into the Ferre brand. In the silver lining camp, sales at the Ferre store on Via Saint'Andrea increased 87 percent in the ten days following the designer's death.


Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.


Connect With Portfolio.com

Come on, like us—you know you want to.

Follow us and if you're an innovative entrepreneur, we'll return the favor.

Today's top stories, conversation starters, and the back nine business bites.

spotlight on

People & Ideas

Whisky To-Go-Go

Now there's a company that let's you taste your knowledge of fine blended Scotches by mixing a whisky of your own. Read More