×
155
Fashion Jobs
PRIME PLACEMENT AND MANPOWER SERVICES
International Sales Executive - Female - Khokhra - Ahmedabad
Permanent · Ahmedabad
CAPITAL PLACEMENT SERVICES
Cfo For International Funding For 1000 Crore Company in Gujarat
Permanent · Vadodara
NEEJ
Business Development Manager
Permanent · MUMBAI
LIFESTYLE BRANDS
Regional Sales Manager, Peter England - Bangalore
Permanent · BENGALURU
KITEX GARMENTS LIMITED
General Manager - Merchandiser
Permanent · ALUVA
ZODIAC CLOTHING CO LTD
Sourcing Officer (Fabric & Garment)
Permanent · MUMBAI
LIFESTYLE BRANDS
Head of Marketing, Louis Philippe - Bangalore
Permanent · BENGALURU
LIFESTYLE BRANDS
Group Manager - E-Commerce Product (B2B)
Permanent · BENGALURU
LIFESTYLE BRANDS
Manager - Product, Louis Philippe
Permanent · BENGALURU
PANTALOONS HO
Senior Executive - Marketing
Permanent · PUNE
LIFESTYLE BRANDS
Manager - Trade Channel, Finance
Permanent · BENGALURU
LIFESTYLE BRANDS
Executive -Key Accounts (Mis),lp
Permanent · BENGALURU
LIFESTYLE BRANDS
Senior Executive - Garment Technician (ww &Amp; Kids), Pdqa
Permanent · BENGALURU
LIFESTYLE BRANDS
Sales Executive - Kannur &Amp; Kasargod
Permanent · BENGALURU
HIGH FASHION GARMENT COMPANY
Manager Humanr Resource (Male) From Mumbai Only
Permanent · MUMBAI
RAJ KHATRI FILMS PVT LTD
Digital Marketing Executive
Permanent · MUMBAI
ANANDGUPTA COUTURE
Social Media Marketing & Fashion Design Assistant
Permanent · MUMBAI
DESIGNR
Sales Officer
Permanent · NEW DELHI
NETE.IN
CRM & Logistics Executive
Permanent · MUMBAI
FABINDIA OVERSEAS PVT. LTD.
Retail Planner
Permanent · NEW DELHI
SELECTIVE GLOBAL SEARCH PVT. LTD.
Business Development
Permanent · NEW DELHI
AJIO - RELIANCE INDUSTRIES LTD
Sales Officer
Permanent · KARIMNAGAR

Massimo Giorgetti stages triumphant show after selling one third of his house

Published
today Feb 26, 2018
Reading time
access_time 2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

One day Massimo Giorgetti sells a third of his booming indie fashion house. Forty eight hours later the house’s founder stages a passionate show dedicated to one of Milan’s most loved sons, Alessandro Manzoni.
 

MSGM - Fall-Winter2018 - Womenswear - Milan - © PixelFormula


Italian fashion, increasingly, looks like a united, and happier, family. However, this was not a patriotic diatribe. Instead a paean to Manzoni, the author of Italy’s greatest 19th century novel, I Promessi Sposi, or The Betrothed. Though it’s a dramatic tale of a couple surviving the vicissitudes of war, famine and abduction, the clothes were very much in the optimistic vein, which Milan and MSGM is enjoying right now.
 
Hence, Manzoni’s face adorned printed shirts and tops, while his favorite spots in Milan – like Bar Basso and Pasticceria Cucchi – appeared on oversized football scarves and bold jacquard sweaters.  Continuing his visual ode to Milan, Giorgetti – who actually hails from Rimini on the Adriatic Coast – also featured images of the Milan skyline; Futurist art manifestos and Deco chains. His track pants and sports tops looked very punchy as did the padded floral coats and brother creeper sneakers.

Giorgetti will never be a designer of couture; but he instinctively gets popular culture and just knows what young hipsters want for a busy weekend.
 
He took a long running ovation with a huge smile at the show, staged under a modern cupola in central Milan, opposite the church of San Fedele where Manzoni used to pray.
 
His new partners, Style Capital, are to acquire a 32% stake in MSGM S.r.l., which owns MSGM, the contemporary brand of apparel, footwear and bags.
 
The remaining portion will be held by Manifattura Paoloni (49%), the designer’s long-time backer, and directly by Massimo Giorgetti (19%). Giorgetti will continue to be the artistic and creative director of the brand. Terms of the deal were not released.
 
Founded in 2009 by Massimo Giorgetti, the MSGM brand has become one of the most successful and desirable brands in the contemporary luxury segment. In 2017, MSGM achieved total turnover of approximately 50 million euros (scoring 15% annual growth over the past three years), and boasting a gross operating margin of 18%. This year, it expects turnover to break 60 million euros. Sales broken down geographically with 26% in Italy, 35% in Asia (China, Korea, and Japan) and 39% in the rest of the world (Europe and USA).
 
Much loved by international retailers, MSGM counts some 650 multi-brand client and department store accounts.
 
“It’s all great news. We needed a major investment in order to take MSGM to another level. Opening great boutiques costs money and now we have the capital to do so,” enthused Giorgetti backstage.
 
Currently, the brand has 10 boutiques (one in Milan and Tokyo; and two each in Korea, Hong Kong, China, and the Middle East; with flagship stores due to open this year in London and New York. While over the next three years, the goal is to open 30 more MSGM boutiques.
 
No wonder Massimo seems so happy.

Copyright © 2019 FashionNetwork.com All rights reserved.