- Prachi Singh |
Archive, an investment firm run by Stefano Marcovaldi and controlled by Moncler Chairman and CEO Remo Ruffini's Ruffini Partecipazioni Holding, has acquired a 49 percent stake in women’s wear company The Attico, reports WWD.
The report quoted a statement from a representative for Archive, saying: "The deal — to be considered a mere financial investment — is in line with Archive diversification strategy whose mission is to invest in the ready-to-wear as well as in the food and beverage and hospitality business.”
According to the company’s website, Italian designers Gilda Ambrosio and Giorgia Tordini combined their vastly different aesthetics to push the boundaries of specialty couture, launching their own line, Attico, in February 2016. Attico, the Italian word for penthouse, boasts of a standout collection for women.
A Business of Style report states that the brand is sold at several global retailers including Bergdorf Goodman, Net-a-Porter, Moda Operandi and Matches Style, and has expanded its range, adding footwear, handbags and jewellery to its portfolio. Their ensembles are worn by celebrities like Margot Robbie, Michelle Williams and Naomi Campbell among others.
Picture credit: Instagram/Attico