Articles by Isabella Naef
Isabella Naef has been the Senior Editor of FashionUnited Italy since 2008. She is in Milan and covers fashion and luxury goods, with a particular focus on financial and economic news and sustainability. A dual Italian and Swiss citizen, Isabella graduated in Political Science from the University of Milan. She is member of the Professional Journalists' Association since 2000, contributing to newspapers and magazines. She is passionate about covering the fashion industry during this dynamic period, where sustainability, Gen Z, and artificial intelligence are paving the way for new and exciting chapters in economic, creative, and trend history.
Valentino: Revenues at 1.31 billion euros, down 2 percent in financial year 2024
Italian fashion house Valentino’s revenues were largely stable compared to the previous year, totalling 1.31 billion euros in 2024, down 2 percent at constant exchange rates and 3 percent at current exchange rates, YoY. In 2023, the company closed at 1.34 billion euros. Venturini: ‘Our work took a decisive step with Alessandro Michele’s arrival...
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Rosso (Otb) on Made in Italy: ‘Everyone copies us, we must show who we are’
“Europe should be stronger and more cohesive, with strong leaders who can assert our conditions and our distinctive qualities, so as not to be at the mercy of other major powers. We ask for more transparency, loyalty, strength and the will to show our qualities. It is not right that Italy suffers, for all the values that it brings with it. We...
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Jimmy Choo isn’t losing its market appeal, as Capri Holdings considers further growth
The fairytale is over, but the shoe remains with Capri Holdings this time. The ownership of Jimmy Choo stays in the US, at least for now. The label didn’t seem to fit within the ambitions of Prada Group, which does have an industrial plan in the making for Versace. It is a fact that there is speculation that the Jimmy Choo file is still open on...
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Group OVS: Sales up 6.2 percent in FY 2024
Net sales for financial year 2024 increased by 6.2 percent to 1.63 billion euros for Italian group Ovs. Ovs and Upim, the core brands, performed very well, according to a statement. Stefanel also showed strong growth, with an accelerating second half thanks to a new stylistic direction. Excellent results were recorded in both clothing,...
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Brunello Cucinelli: Growth of 10.5 percent in first three months
Italian premium brand Brunello Cucinelli reported a turnover of 341.5 million euros for its first quarter of 2025, with growth of 10.5 percent at current exchange rates (10 percent at constant exchange rates) compared to the same quarter in the year prior. Regarding the individual geographic areas, the Americas marked 10.3 percent growth...
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Moncler's Asia performance boosts Q1 2025 revenue
Moncler reported its first quarter with consolidated group revenues of 829 million euros, up one percent at constant exchange rates, (plus one percent also at current exchange rates) compared to 818 million euros recorded in the first three months of 2024. “The start of the year was characterised by the continuation of macroeconomic and...
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Moncler: Meeting approves a dividend of 1.3 euros and elects a new board
The Moncler shareholders' meeting approved the financial statements for the year 2024 and the distribution of a dividend of 1.30 euros per share on Wednesday, April 16. According to a statement, the new board of directors was also appointed. It is composed of 15 members for the three-year period 2025-2027 and will remain in office until the...
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Coupang closes Ngg++
There is no good news for New Guards Group (NGG), the Milan-based company located in Via Turati, which manages Farfetch's fashion activities. As reported by Mff, the company will soon lose a new element, following the sale of the Palm Angels, Off-White, Alanui and Ambush brands. On April 30, Ngg++, the division created in 2023 to manage the...
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Prada: Versace relaunch requires long-term mindset
The Prada Group intends to take its time with the relaunch of Versace. During a conference call on April 10, following the announcement of the Prada Group's acquisition of Versace, Andrea Guerra, CEO of the Prada Group, and Lorenzo Bertelli, head of corporate social responsibility for the group, stated that the next steps to fully unlock the...
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Prada-Versace deal: Rumours of 2.5 billion euro financing with Goldman Sachs
A banking consortium led by US investment bank Goldman Sachs is reportedly ready to provide Prada with a 2.5 billion euro financing line to support the Italian fashion group's acquisition of Versace, the Milan daily MF Fashion reported on Friday. Approximately 1.5 billion euros would be used for the acquisition, while the remaining one billion...
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