Former Gucci CEO Marco Bizzarri Talks About His Role as Private Equity Investor [Yahoo! Finance]
KERING SA UNSP/ADR (PPRUY)
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Source: Yahoo! Finance
He spoke at WWD's Apparel and Retail CEO Summit with Luisa Zargani, Milan bureau chief, about what interests him now in private equity and the impetus behind changing careers. More from WWD Tod's Launches Second Capsule With Global Brand Ambassador Xiao Zhan LVMH Leads Luxury's Commitment to China at CIIE in Shanghai EXCLUSIVE: Gucci Builds New Organization With Key Hires After leaving Gucci in September 2023, the former CEO invested in Italian fashion brand Elisabetta Franchi through a personal holding called Nessifashion, and became chairman of the company last April 15. He acquired 23 percent of Franchi through Nessifashion. Nessi is a term of endearment that his father used that means, “Don't be a fool.” Also last April, Forel entered into an agreement on behalf of the FARO fund to acquire a majority stake in Italian luxury interior design brand Visionnaire. The executive first dipped his toes into the investment fund pool in 2021, when he took a stake and became a pa
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