Gucci has introduced new luxury sneaker models labelled “Made in China”, marking a departure from its traditional Italian manufacturing roots. The move comes as the luxury fashion house seeks to regain market share and attract price-sensitive aspirational shoppers. The development also presents Continue Reading
The Ferretti family, the current owner of Italian fashion group Aeffe, has announced a binding offer to relaunch the company following a meeting at Italy’s Ministry of Business and Made-in-Italy (MIMIT). The proposal has been submitted in partnership with Invitalia, investment fund Oxy, and a manufacturing partner from China. The deal, valued at approximately €115 Continue Reading











