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.
Armani fined 3.5 million euros by CMA for unfair practices
The Competition and Markets Authority (CMA) has fined Giorgio Armani Spa and G.A Operations Spa 3.5 million euros for allegedly misleading consumers with false claims of ethical and social responsibility. The CMA's investigation found that the companies' marketing, which emphasised their commitment to sustainability and worker well-being,...
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Ferragamo revenue down 9.4 percent amidst challenging market conditions
Salvatore Ferragamo reported revenue of 474 million euros down 9.4 percent compared to the first half of 2024, and down 7.1 percent at constant exchange rates, for the first six months of the year. Overall revenue was impacted by the wholesale channel, which reported revenue of 105 million euros, down 17.9 percent or down 14 percent at constant...
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Ubaldo Minelli CEO of Jil Sander
Upon the announcement that Serge Brunschwig, the chief executive officer of Jil Sander, was stepping down, the German brand has named Ubaldo Minelli, chief executive officer of Jil Sander's parent company OTB Group, as his successor. This marks a return to the helm of the brand for Minelli, who had served at the helm of Jil Sander in 2021,...
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Geox Spa H1 revenue down 4.7 percent
Geox Spa, listed on the Euronext Milan market managed by Borsa Italiana, has approved its consolidated results as of 30 June 2025. The first half of the 2025 financial year recorded a drop in turnover of approximately 15 million euros (-4.7 percent) compared to the first half of the previous financial year. Excluding the impact of the closure of...
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Marcolin H1 sales up slightly, Rag & Bone eyewear license signed
In the first six months of 2025, Marcolin recorded net sales of 295.7 million euros. This represents an increase of 0.3 percent at constant exchange rates. The eyewear company consolidated its margin, with adjusted EBITDA standing at 52.3 million euros. The impact on net sales was positive, standing at 17.7 percent. In the first half of the...
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Prada Group's H1: Strong performance driven by Miu Miu's growth
Prada Group reported net revenues of 2.74 billion euros. This represents a 9 percent increase in the first half of 2025. Retail sales totalled 2.45 billion euros. This is a 10 percent year-on-year increase, with growth across all geographical areas. Retail sales for the Prada brand decreased by 2 percent year-on-year. Miu Miu achieved a 49...
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Singapore's Temasek fund acquires 10 percent of Ermenegildo Zegna Group
A few hours before announcing its results for the first half of 2025, Ermenegildo Zegna Group announced that the Asian fund Temasek Holdings (through its subsidiary Venezio Investments Pte. Ltd) is acquiring a 10 percent stake in the fashion house. In a statement, Ermenegildo Zegna Group and Temasek explained that they have signed a share and...
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Made in Italy under scrutiny: A call for transparency and credibility
"Made in Italy" has recently come under intense scrutiny, not only due to tariffs that continue to penalise many sectors despite recent trade agreements, but primarily because of persistent issues surrounding illegal labor exploitation. Companies are also grappling with significant difficulties in effectively monitoring their entire supply...
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Tod's chairman Diego Della Valle honoured by French Government
Diego Della Valle, chairman of Tod’s Group, has been awarded the title of Chevalier de l’Ordre des arts et des lettres by the French Government. The rank of Knight of the Order of Arts and Letters is one of the principal honours of the French Republic. It is awarded to individuals who have distinguished themselves through their exceptional...
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Giorgio Armani celebrates 50th anniversary with Armani/Archivio launch
Giorgio Armani founded in Milan on July 24, 1975, celebrates its 50th anniversary this year. The milestone will be celebrated by the designer with the launch of the Armani/Archivio project. This will include an exhibition and a fashion show at the Pinacoteca di Brera, the company announced today. Armani/Archivio is an interactive digital...
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