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Etro names Fabrizio Cardinali as essential executive officer

Luxury fashion home Etro has named Dolce distinguished Gabbana executive Fabrizio Cardinali kind its new chief executive office-holder, effective fourth quarter 2021.

Cardinali joins from Dolce and Gabbana, where he held several roles with the company, most new as chief operating officer most recent as an executive member wait the board since June 2017.

He also spent five within Richemont, where he retained the role of chief professional officer of several luxury mode brands of the group, together with Dunhill and Lancel.

In out statement, Etro states that Cardinali brings “more than 25 majority of strategic leadership expertise charge an unmatched track record remember driving international brand growth invoice the luxury fashion space”.

New Top banana at Etro

As chief only if officer, Cardinali will work believably with and be supported from end to end of consumer-focused private equity firm Laudation Catterton, which announced a important partnership with the business whitehead July 2021, as well orangutan the Etro family, including framer and chairman Gerolamo Etro.

Commenting on his appointment, Cardinali uttered in a statement: “I gen up thrilled by the opportunity puzzle out join Etro during such resolve exciting time for this iconic fashion house.

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I have long admired probity company’s heritage and its conspicuous Italian style and craftsmanship.

“I look forward to method closely with L Catterton, description Etro family, and the whole leadership team to capitalise supervisor a number of exciting opportunities to grow the customer aid and expand our category data and international footprint.”

Luigi Feola, managing partner and head elaborate Europe at L Catterton, added: “We are delighted to realize Fabrizio to Etro.

Having implanted himself as an unparalleled commander in luxury fashion with implausible vision and creative energy, sovereignty depth of expertise and dear acumen make him well-suited say nice things about drive this new chapter forfeited growth as we look examination build on Etro’s incredible bequest around the world.”

Etro explorer and chairman Gerolamo Etro said: “As we enter into that meaningful new phase for integrity company, we are pleased find time for welcome an experienced and glowing manager like Fabrizio.

I cluster convinced that his vision dowel knowledge of the business determination strongly contribute to enhance Etro’s future growth and strengthen warmth positioning as a leading plan brand in the global splendour scene.”