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Style Capital mulling New Guards Group acquisition

Italian private equity firm Style Capital is reportedly mulling the acquisition of Farfetch-owned New Guards Group, which is facing an uncertain future in the wake of its parent company’s sale to South Korea’s Coupang. The speculation was confirmed by Style Capital’s founder and chief executive officer, Roberta Benagalia, who told WWD that while...

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Farfetch announces new Off-White CEO, New Guards Group co-founders exit

Farfetch has announced a number of leadership changes at New Guards Group (NGG), including the exit of the group’s founders, and the appointment of a new CEO at Off-White. Davide De Giglio and Andrea Grilli are leaving NGG, which they founded in 2015 - De Giglio was most recently serving as CEO of NGG, while Grilli served as CEO of luxury...

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