Just as Prada is said to be mulling a double listing in Milan, there was much talk of potential IPOs under the stuccoed vaults of Palazzo Pitti’s Sala Bianca on Thursday, the first of the two-day Future for Fashion conference.
CEO Antonio De Matteis, known as Totò, also said the family-owned menswear company, which has been expanding into womenswear, is interested in the Bourse. An IPO would enable it to “leave a structured and organized company to the third generation, with precise rules. However, we are not in a rush.
He touted the importance of the collaboration between Pitti Uomo and Italy’s Camera Della Moda, exemplified by Fendi’s decision to stage its spring 2024 show at its Capannuccia factory, a 30-minute drive from Florence, on June 15, during Pitti Uomo, which is scheduled to run June 13 to 16. These are subjects dear to Brunello Cucinelli, who has been voicing his belief in the moral and economic dignity of work for years. He reiterated his concerns about protecting the artisans and the supply chain. “Today, it’s not difficult to sell; the problem is, who will produce in the future?”
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