After an extended marketing process that saw little demand, the brand is set to be sold to Miroglio Group.
This week, Gucci hires its first lead for diversity and inclusion, while SMCP appoints its new HR and sustainability lead.
The two groups confirmed the sale of the majority stake, which would involve a capital increase of around €50 million.
Trussardi’s founding family has sold the fashion house to investment fund Quattro R, according to a report published by Italian news site Pambianco.
This week, Eraldo Poletto is appointed as chief executive of Stuart Weitzman, while Francesca Amfitheatrof joins Louis Vuitton as artistic director of watches and jewellery.