Latest news with #Andorlini
Fashion Network
21-07-2025
- Business
- Fashion Network
Luisaviaroma closes Milan headquarters
Luisaviaroma is leaving Milan and moving individuals employed at its Milan headquarters to Florence. This was confirmed to by the luxury e-commerce company, which had opened its headquarters in the Lombard capital in 2024. The 500-square-meter space on Via Spadari will close its doors after just over a year of existence, while jobs will be safeguarded. Layoffs have been averted for the 22 employees present in the Lombard capital, for whom a transfer to Florence has been planned by the end of September. The opening in Milan had marked an important step in the Florentine luxury e-tailer's expansion plan, followed by its landing in New York with a mega-store of over 1,000 square meters. The positive growth phase driven by post-Covid online sales then slowed with the return to the physical channel, aggravated by the outbreak of the luxury crisis and now squeezed between wars and tariffs. "A change in consumption is taking place, prices have been too high and less is being created. For us, a location in Milan was too much, but we protected the workers by proposing an incentivised relocation," Luisaviaroma CEO Tommaso Maria Andorlini told the press. The company, which owns the e-commerce platform of the same name and the historic boutique in Florence, is 40% controlled by the private equity fund Style Capital and, since last January, has taken on a group structure with the acquisition of Holding It (Playground and FFW Srl), with a workforce of 200 employees and around 400 million in gross sales. Andorlini was positive about the business' 2024 performance. "It was better than 2023 with sales up and margins negative but improving."
Fashion Network
21-07-2025
- Business
- Fashion Network
Luisaviaroma closes Milan headquarters
Luisaviaroma is leaving Milan and moving individuals employed at its Milan headquarters to Florence. This was confirmed to by the luxury e-commerce company, which had opened its headquarters in the Lombard capital in 2024. The 500-square-meter space on Via Spadari will close its doors after just over a year of existence, while jobs will be safeguarded. Layoffs have been averted for the 22 employees present in the Lombard capital, for whom a transfer to Florence has been planned by the end of September. The opening in Milan had marked an important step in the Florentine luxury e-tailer's expansion plan, followed by its landing in New York with a mega-store of over 1,000 square meters. The positive growth phase driven by post-Covid online sales then slowed with the return to the physical channel, aggravated by the outbreak of the luxury crisis and now squeezed between wars and tariffs. "A change in consumption is taking place, prices have been too high and less is being created. For us, a location in Milan was too much, but we protected the workers by proposing an incentivised relocation," Luisaviaroma CEO Tommaso Maria Andorlini told the press. The company, which owns the e-commerce platform of the same name and the historic boutique in Florence, is 40% controlled by the private equity fund Style Capital and, since last January, has taken on a group structure with the acquisition of Holding It (Playground and FFW Srl), with a workforce of 200 employees and around 400 million in gross sales. Andorlini was positive about the business' 2024 performance. "It was better than 2023 with sales up and margins negative but improving."
Fashion Network
21-07-2025
- Business
- Fashion Network
Luisaviaroma closes Milan headquarters
Luisaviaroma is leaving Milan and moving individuals employed at its Milan headquarters to Florence. This was confirmed to by the luxury e-commerce company, which had opened its headquarters in the Lombard capital in 2024. The 500-square-meter space on Via Spadari will close its doors after just over a year of existence, while jobs will be safeguarded. Layoffs have been averted for the 22 employees present in the Lombard capital, for whom a transfer to Florence has been planned by the end of September. The opening in Milan had marked an important step in the Florentine luxury e-tailer's expansion plan, followed by its landing in New York with a mega-store of over 1,000 square meters. The positive growth phase driven by post-Covid online sales then slowed with the return to the physical channel, aggravated by the outbreak of the luxury crisis and now squeezed between wars and tariffs. "A change in consumption is taking place, prices have been too high and less is being created. For us, a location in Milan was too much, but we protected the workers by proposing an incentivised relocation," Luisaviaroma CEO Tommaso Maria Andorlini told the press. The company, which owns the e-commerce platform of the same name and the historic boutique in Florence, is 40% controlled by the private equity fund Style Capital and, since last January, has taken on a group structure with the acquisition of Holding It (Playground and FFW Srl), with a workforce of 200 employees and around 400 million in gross sales. Andorlini was positive about the business' 2024 performance. "It was better than 2023 with sales up and margins negative but improving."
Yahoo
31-01-2025
- Business
- Yahoo
LuisaViaRoma Gives In to Soccer Fascination
TAKING THE FIELD: Not only fashion brands but retailers are looking more and more into all things sporty. LuisaViaRoma is the latest company to tap into the fascination with soccer by collaborating with BasicNet Group-owned brand Kappa and Florence's main soccer team ACF Fiorentina to develop a special design for the club's fourth kit of the season. More from WWD OPI's New Nail Polish Dries in 60 Seconds - and a Wingstop Collaboration Aims to Prove It Becky G Brings Power and Confidence to Fabletics Campaign and Partnership, Featuring New Pieces for Workout and Everyday Wear An Ilia Beauty Ski Suit? Halfdays Is Making It Happen The tie-up, which intends to celebrate the retailer's connection with its hometown, marks a first both for LuisaViaRoma and the soccer team. The kit honors the club's signature purple color by playing with a gradient violet shade over a black base. A key feature of the special jersey is its old-school collar recalling a polo shirt, while the logos and sponsors are featured via an iridescent effect. The Kombat Pro version of the jersey designed for peak performance is crafted using ultra-light fabrics and stretch nylon stitching to ensure comfort and freedom of movement, as well as the Hydroway Protection Technology that provides breathability and effective body heat release. The limited-edition jersey is available in 1,926 pieces, in a nod to the year ACF Fiorentina was established, and comes in a dedicated black box. The fourth kit also includes shorts, socks and an anthem jacket that the players will unveil as they take the field before the Fiorentina-Genoa match on Sunday, when the team will wear the collection for the first time. Available at the LuisaViaRoma stores and online at all parties' e-commerce, the collection is priced between 19 euros for socks and 150 euros for the jersey. 'We are thrilled to announce this collaboration, the first in the history of LuisaViaRoma with Fiorentina and Kappa, two iconic partners in the world of sport,' said the retailer's chief executive officer Tommaso Maria Andorlini. 'This project represents an important step for us and celebrates the unique bond between fashion and sport, two worlds that share creativity, passion and dedication to excellence.' Andorlini's know-how in the sportswear area and sneakers category, in addition to his two decades of experience in the fashion industry, are likely to have played a role in propelling the collaboration. He helmed Holding IT, the parent company of FFW Srl, which has created and managed e-commerce sites for fashion brands since 2011, and Playground Srl, which operates luxury sportswear stores under the banner SOTF. As reported, last year LuisaViaRoma acquired Holding IT, establishing the new LuisaViaRoma Group. The deal followed Andorlini's appointment as LuisaViaRoma's CEO in 2023. He succeeded Alessandra Rossi, who joined the company in October 2021 following the closing of the deal with Milan-based private equity firm Style Capital. As reported, the fund, helmed by CEO Roberta Benaglia, invested 130 million euros to acquire a 40 percent stake in LuisaViaRoma. The retailer's president Andrea Panconesi — whose grandmother Luisa Jaquin planted the seeds of the family company's success by opening a small concept store on Florence's Via Roma in 1929 — retains a 60 percent stake in the company. Panconesi masterminded LuisaViaRoma's digital foray in the early 2000s with the launch of its e-commerce platform. Ever since, this has been enhanced with new sections — including the introduction of LVRSustainable in 2019 — and the selection of clothing and accessories for men, women and children, as well as beauty products and home goods, from more than 500 international luxury brands. Still, Panconesi has always highlighted the importance of physical retail and IRL events for the company's success. To this end, in addition to its location in Florence, the retailer opened its first international outpost in New York's NoHo last year. Best of WWD 'White Lotus' Star Nicholas Duvernay Models for Banana Republic With Jasmine Tookes in Spring 2025 Campaign [PHOTOS] Lauren Sanchez's Inaugural Outfit, Natalie Portman in Versace & More Peekaboo Bra Layering Trends [PHOTOS] Melania Trump's Wedding Planner Describes the Party and Guests — 20 Years Later
