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Ferre Post Ferre

Fashion Inc.

by Lauren Goldstein Crowe
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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.

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