Former Gucci govt Marco Bizzarri has arrange a brand new funding firm after not too long ago leaving the Kering-owned model, paperwork seen by Reuters on Tuesday confirmed.
After taking the helm at Gucci in 2015, he went on to nominate Alessandro Michele because the label’s chief designer and helped the Florentine home’s gross sales greater than double to achieve 9.6 billion euros ($10 billion) in 2019, earlier than the COVID-19 pandemic hit.
Bizzarri left Gucci final September a couple of months after Michele’s departure as Kering battles slowing income at its former revenue engine.
Bizzarri’s new firm Nessifashion, arrange in Rome in February, goals to spend money on different corporations and provide strategic recommendation to these corporations, amongst different attainable objectives, the paperwork filed with the Italian Chamber of Commerce confirmed.
Contacted by Reuters, Bizzarri declined to remark.
He’s the only administrator of Nessifashion and holds it by way of his Nessi SRL, a holding firm which already owns stakes in actual property corporations and eating places.
By Elisa Anzolin; Modifying by Valentina Za and Susan Fenton
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