CORNELIANI news and archive

Milan Men's Fashion Week navigates global turbulence and industry evolution

Against a backdrop of unprecedented global events — from devastating Los Angeles wildfires that have imperiled the city's robust retail infrastructure to a geopolitical ceasefire in the Middle East and a pivotal US presidential transition — Milan Men's Fashion Week stands at a critical juncture, demonstrating the resilience of luxury fashion...

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Business

Corneliani launches new expansion plan in North America

Italian formal wear brand Corneliani has announced a new expansion plan for North America in partnership with Triluxe, a distribution group specialising in premium and luxury men's clothing. The strategic alliance aims to improve Corneliani's U.S. business, from the distribution and definition of collections to cross-channel marketing and...

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Corneliani getting 7 million euro investment from Investcorp

Italian luxury label Corneliani is getting a 7 million euro investment from Investcorp. The company, which was hard hit by the COVID-19 pandemic, has now been thrown a lifeline by the Bahrain-based investment fund, which is creating NewCo, to invest in the label. The news was reported by WWD. Investcorp will be forming the new company and making...

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Corneliani receives loan from Italian government

Corneliani is receiving an investment from the Italian government. Italy's Ministry for Economic Development will be granting the luxury brand a 10 million euro loan to help Corneliani continue operations. The news reported by WWD. Like many fashion brands, Corneliani suffered economic fallout from the coronavirus lockdowns, and their operations...

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Luigi Ferrando replaces Paolo Roviera as Corneliani’s new CEO

Italian luxury men’s wear label, Corneliani SpA has got a new Chief Executive Officer in Luigi Ferrando, reports WWD. Ferrando replaces current CEO Paolo Roviera, who has left the business. The report quoted a statement from the company saying: “it confirms the development goals of the Corneliani brand, in line with the strategies outlined in...

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Fairs

Pitti Uomo: sportswear and tradition on the same runway

The streetwear trend in men’s fashion has certainly been acknowledged in the 94th edition of Pitti Uomo, held in Florence this week. Luxury sneakers were included in many of the spring/summer 2019 collections. However, most labels have chosen to remain classic, with fabrics like cashmere, linen, and wool. But one would be mistaken to conclude...

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Corneliani revamps strategy thanks to Investcorp

With their blessing from Investcorp, storied Italian fashion house Corneliani will be taking on a new business model. Investcorp recently acquired majority stake in Corneliani for 88 million Euros. Now, the brand is getting a whole new image as they roll out a new logo, expand their e-commerce, develop a new retail concept and return to Pitti...

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Corneliani names new ceo, aims to grow business

Corneliani was recently sold to Investcorp. Now, the next step in the future of their business is appointing Paolo Roviera as their new chief executive officer. The businessman will step into his new role on September 5. Roviera held the same role at Pal Zileri, and exited the firm earlier this week. Before his most recent position, he oversaw...

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Business

Corneliani names new ceo, aims to grow business

Corneliani was recently sold to Investcorp. Now, the next step in the future of their business is appointing Paolo Roviera as their new chief executive officer. The businessman will step into his new role on September 5. Roviera held the same role at Pal Zileri, and exited the firm earlier this week. Before his most recent position, he oversaw...

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Report

Investcorp takes majority stake in Corneliani

London - Investcorp has acquired a majority stake in luxury menswear brand Corneliani. The Bahrain-based investment fund has come to an agreement with the family-owned Italian brand which is valued at approximately 100 million US dollars. As part of the agreement, certain members of the Corneliani family will remain in the board as shareholders...

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Apparel

Luxury home fashion brands line-up for India

Now its luxury home furnishing labels to who are testing waters in India. Textile designer Sarita Handa opened her store in Delhi’s Khan Market recently stocking luxury bedding, cushions, drapes and fabrics range apart from French merino wool brand Brun de Vian-Tiran. Handa does private label bedding for the likes of Pottery Barn, Macy’s, Ethan...

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