Former Gucci CEO Bizzarri sets up investment company

  • 📰 SaltWire Network
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Explore stories from Atlantic Canada.

Carbon tax protest at Nova Scotia-New Brunswick border | SaltWire #newbrunswick #novascotia #rallyMILAN - Former Gucci executive Marco Bizzarri has set up a new investment company after recently leaving the Kering-owned brand, documents seen by Reuters on Tuesday showed.

After taking the helm at Gucci in 2015, he went on to appoint Alessandro Michele as the label's chief designer and helped the Florentine house's sales more than double to reach 9.6 billion euros in 2019, before the COVID-19 pandemic hit.Bizzarri left Gucci last September a few months after Michele's departure as Kering battles slowing revenue at its former profit engine.

Bizzarri's new company Nessifashion, set up in Rome in February, aims to invest in other companies and offer strategic advice to those companies, among other possible goals, the documents filed with the Italian Chamber of Commerce showed.He is the sole administrator of Nessifashion and holds it through his Nessi SRL, a holding company which already owns stakes in real estate companies and restaurants.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 45. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines