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Versace Names Ferraris As New Chief Executive
Original at Wall Street Journal
• Tue, Jun 9
Like many of Italy's small, family-owned fashion houses, Versace has struggled to weather the fallout of the global financial crisis, lacking the scale and financial muscle of larger rivals such as LVMH Möet Hennessy Louis Vuitton SA. Italian designer ...
Designer Cavalli to Sell Stake to Italian Fund
Original at Wall Street Journal
• Wed, Jun 3
Finding an executive who can square Mr. Cavalli's creative ego with the fashion house's bottom line won't be easy. Many professional executives have recently run afoul of the families that own high-profile fashion houses, including Prada and Versace. ...
Deals of the Day: Bankruptcy Looms at GM
Original at Wall Street Journal
• Tue, May 26
NY WSJ] Versace: The board of Gianni Versace SpA approved a restructuring plan drawn up by an outside consulting firm for the Italian fashion house. [WSJ] Target: Bill Ackman said he wouldn't sell his personal stake in Target for at least five years if ...
Versace Board Approves Plan Sidelining CEO
Original at Wall Street Journal
• Mon, May 25
The statement didn't address whether Mr. Di Risio would remain at the company. Ms. Versace designer holds a 20% stake in the firm and is backed by her daughter Allegra Versace Beck, who owns 50% of the fashion house. Santo Versace holds a 30% stake in ...
Bucked by Designer, Versace CEO Eyes Exit
Original at Wall Street Journal
• Thu, May 21
Initially, for example, Ms. Versace tried to persuade Mr. Di Risio to revive the house's tradition of mounting high-profile, but costly, fashion shows for the designer's haute couture collection. Mr. Di Risio talked her out of the idea, persuading Ms. ... Versace CEO Resigns FemaleFirst.co.uk
Strike a Pose, Count Your Pennies
Original at Wall Street Journal
• Fri, Feb 2
subscription)Strike a Pose, Count Your Pennies subscription), NY - Many of Milan's big names -- Dolce & Gabbana, Prada and Versace -- were interested in Ms. Gomez, so the agency decided to take the risk. ...