None
EN
EXCLUSIVE: Sources Say Paul Andrew to Exit Sergio Rossi
['Luisa Zargani', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar', 'Vertical-Align Middle .Wp-Block-Co-Authors-Plus-Avatar Is .Alignleft .Alignright']
WWD
MILAN – Paul Andrew is said to be exiting Sergio Rossi, WWD has learned.
The Sergio Rossi company confirmed Andrew’s departure on Thursday afternoon.
Lanvin Group, formerly Fosun Fashion Group, also controls the Lanvin brand; Austrian hosiery specialist Wolford; Italian men’s wear company Caruso, and American fashion brand St. John, and is publicly traded on Wall Street.
It acquired Sergio Rossi in 2021 from Absolute Luxury Holding Srl, an independently managed subsidiary of European investment house Investindustrial.
Losses widened to 189.3 million euros from 146.3 million euros a year earlier.