Marco Bizzarri news and archive

Made in Italy brands lead Christmas M&A activity

Milan - The year concludes with two significant financial transactions involving two prominent Made in Italy brands: Etro and Golden Goose. Golden Goose has been acquired by the Chinese company Hsg, an international venture capital and private equity firm, which now holds a majority stake in the group. Meanwhile, Temasek, a global investment...

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Business

Hsg acquires majority stake in Golden Goose Group

In a statement this evening, Golden Goose Group spa announced that Hsg, an international venture capital and private equity firm, will acquire a majority stake in the group. Temasek, a global investment company, and a fund managed by its wholly-owned asset manager, True Light Capital, will also acquire a minority stake. Silvio Campara to...

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Business

Giorgio Armani names new board of directors

The new board of directors of Giorgio Armani SpA is fully operational. It is composed of Pantaleo Dell’Orco (president), Silvana Armani (board member), Andrea Camerana (board member), Giuseppe Marsocci (chief executive officer and general manager), Marco Bizzarri (board member), John Hooks (board member), Federico Marchetti (board member) and...

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Betty Blue: Elisabetta Franchi takes over from Bizzarri

A change in leadership at Italian Betty Blue SpA, which produces the Elisabetta Franchi brand. The company announced that following the end of Marco Bizzarri's term as chairman of the board of directors, the role has been assigned to Elisabetta Franchi, the brand's founder and creative force. The appointment represents a strategic move in...

Schools

Former Gucci CEO Marco Bizzarri receives honorary doctorate from UCA

The University for the Creative Arts (UCA) has awarded an honorary doctorate to Marco Bizzarri, former chief executive officer of Gucci and Bottega Veneta. He is also the co-founder of the Milan-based venture capital fund Forel. Through his family holding company, Nessifashion, he invests in fashion, luxury and design companies. He is a member...

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People

Gucci's former CEO Bizzarri reportedly eyes Versace

The fashion and financial worlds are on edge over rumours of a possible sale of Versace by Capri Holdings. One of the potential buyers is Marco Bizzarri, former CEO of Gucci, who recently launched his new investment company, Nessifashion. • Are Versace and Jimmy Choo up for sale? Versace, a highly sought-after fashion house According to sources...

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Management

Golden Goose posts strong Q1, appoints Marco Bizzarri to board

Following a strong performance in 2023, Golden Goose net revenues for the first quarter increased by 12 percent at constant exchange and 11 percent on a reported basis, while maintaining strong margins. The company also announced the appointment of Marco Bizzarri, former president and CEO of Gucci, to its board of directors. The company’s...

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Report

Former Gucci CEO Marco Bizzarri invests in Elisabetta Franchi

A good six months after his departure as Gucci CEO, Marco Bizzarri's next steps are now certain. Bizzarri is investing in luxury fashion brand Elisabetta Franchi, as the businessman revealed in an interview with the industry magazine WWD. The former Gucci CEO is acquiring 23 percent of the Italian fashion house through a private holding company...

Fashion |Opinion

Gucci in Transformation: Navigating a new era

Gucci, an Italian emblem of heritage and luxury, is set to undergo a profound transformation come September. Despite Kering chief François Pinault's initial confidence in CEO Marco Bizzarri's tenure, stating no uncertain terms: “It’s so obvious that Marco is the CEO for this next chapter of Gucci for sure,” Mr Pinault quipped to WWD, it was not...

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People

Kering Executive Shake-up: Marco Bizzarri exits Gucci, Saint Laurent chief appointed group head of brands

In a significant strategic manoeuvre, Italian luxury house Gucci has announced the imminent departure of its CEO, Marco Bizzarri, who is set to bid farewell to the brand in September. Kering Group transition In the wake of this leadership transition, Kering, the parent company of Gucci, has executed a top-level reshuffling, appointing former...

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People

Gucci CEO becomes partner in investment company

Gucci CEO Marco Bizzarri has become a partner in Orienta Capital Partners, a company specializing in investments in SMEs with high growth potential. Bizzarri will be on the executive board, however details of his stake in the company were not disclosed. “Orienta Capital Partners is a constantly evolving reality and the arrival of a top manager...

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Podcast

Podcast: Chef Massimo Bottura and Gucci CEO Marco Bizzarri on the new Gucci Osteria in L.A.

Gucci Osteria da Massimo Bottura opened two years ago in Piazza della Signoria, Florence as a part of Alessandro Michele's Gucci Garden. The lifelong friends, Three-Michelin Star Chef, Massimo Bottura and Marco Bizzarri, Gucci President and CEO sit down at the newly opened Gucci Osteria in Los Angeles to discuss their collaboration on this...