CORNELIANI news and archive

Corneliani getting 7 million euro investment from Investcorp

Italian luxury label Corneliani is getting a 7 million euro investment from Investcorp. The company, which was hard hit by the COVID-19 pandemic, has now been thrown a lifeline by the Bahrain-based investment fund, which is creating NewCo, to invest in the label. The news was reported by WWD. Investcorp will be forming the new company and making...

Business

Corneliani receives loan from Italian government

Corneliani is receiving an investment from the Italian government. Italy's Ministry for Economic Development will be granting the luxury brand a 10 million euro loan to help Corneliani continue operations. The news reported by WWD. Like many fashion brands, Corneliani suffered economic fallout from the coronavirus lockdowns, and their operations...

FairsFeatured

Pitti Uomo: sportswear and tradition on the same runway

The streetwear trend in men’s fashion has certainly been acknowledged in the 94th edition of Pitti Uomo, held in Florence this week. Luxury sneakers were included in many of the spring/summer 2019 collections. However, most labels have chosen to remain classic, with fabrics like cashmere, linen, and wool. But one would be mistaken to conclude...

Business

Corneliani revamps strategy thanks to Investcorp

With their blessing from Investcorp, storied Italian fashion house Corneliani will be taking on a new business model. Investcorp recently acquired majority stake in Corneliani for 88 million Euros. Now, the brand is getting a whole new image as they roll out a new logo, expand their e-commerce, develop a new retail concept and return to Pitti...