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Blumarine parent Blufin to cease production; 20 employees to be placed on furlough

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January 18, 2026

Rumours had been circulating in fashion circles for some time. Today brought confirmation, reported by the daily Il Resto del Carlino: Blufin, the joint-stock company behind the Blumarine brand, will cease production over the course of this year.

An extraordinary furlough scheme has already been planned for the 20 remaining employees, following voluntary redundancies on an individual basis that began in spring 2025. For the time being, both the company and the trade unions are maintaining the utmost confidentiality.

Blumarine – Spring/Summer 2026 – Womenswear – Milan – ©Launchmetrics/spotlight

The Blufin group was officially founded in 1988, but its story began eleven years earlier, in 1977, when Anna Molinari and her husband, Gianpaolo Tarabini Castellani, founded Blumarine. The name evokes an open blue horizon: the sea, a symbol of endless journeys and possibilities.

The group was acquired in November 2019 by Eccellenze Italiane Holding (owner of the Liu Jo brand), since renamed Exelite, under its president Marco Marchi, with a plan to expand and assert itself on the global market, thereby sealing the union between the two fashion powerhouses from Carpi (MO).

Today, however, this development has been announced, following closely on the heels of the transfer of the business unit comprising Blufin’s stores and outlet stores to Marchi’s holding company, Exelite S.p.A. According to the Bologna-based daily, the transfer has been effective since January 1 and has resulted in all Blumarine store employees joining Exelite’s workforce.

The transaction was described by Marchi as a “strategic choice” aimed at “the development and protection of the Blumarine brand.”

All this in a market context described as “extremely complex, due to the concurrence of various factors.” For Marchi, “the sale is part of a broader logic of group synergy,” Il Resto del Carlino further reported.

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EU and Mercosur sign ‘historic’ trade agreement

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January 19, 2026

The Latin American countries of Mercosur and the European Union signed a “historic” treaty in Paraguay on Saturday, creating one of the world’s largest free-trade zones, despite concerns within both blocs. Together, they account for 30% of global GDP and more than 700 million consumers.

The free trade agreement between the European Union and Mercosur was signed on Saturday in Paraguay. – AFP

The agreement had been under negotiation since 1999 between the EU and the founding countries of Mercosur (Argentina, Brazil, Paraguay and Uruguay). A majority of EU member states have recently backed it, despite opposition from several, including France. Numerous demonstrations against the treaty have taken place in several EU countries, while large sections of civil society in Mercosur countries are also opposed.

“We choose fair trade over tariffs, a long-term productive partnership over isolation,” declared president of the European Commission, Ursula von der Leyen, shortly before signing the agreement.

“And above all, we intend to deliver concrete, tangible benefits to our people and our businesses,” she added.

It is a “clear signal in favour of international trade” in a context of “tensions”, said Santiago Peña, President of Paraguay, who currently holds Mercosur’s rotating presidency.

The treaty eliminates tariffs on more than 90% of bilateral trade and boosts European exports of cars, machinery, chemicals, wines and spirits. In return, it eases access to the European market for South American beef, poultry, sugar, rice, honey and soya beans, with duty-free quotas that are causing alarm among affected sectors.

The agreement comes at a time when U.S. President Donald Trump has spent the past year increasing a range of U.S. tariffs. On Saturday, Trump threatened to impose further tariffs of up to 25% on products from a number of European countries, “until the outright sale of Greenland.”

European and South American opponents

The president of the European Council, António Costa, said in Asunción on Saturday that the agreement sent “a message of defence of free trade, based on rules, multilateralism and international law as the basis for relations between countries and regions”, in contrast to the “instrumentalisation of trade for geopolitical ends.”

For its supporters, the EU-Mercosur agreement will help revive Europe’s ailing economy and strengthen diplomatic relations with Latin America.

But some also see the signing as a threat to sectors on both sides of the Atlantic. In South America, observers remain wary of the treaty’s effects, particularly on local industrial companies. In Argentina, the impact on the automotive industry could result in the loss of 200,000 jobs, according to estimates, notes Luciana Ghiotto, who holds a doctorate in social sciences from the University of Buenos Aires.

For its European detractors, it will disrupt agriculture with cheaper products that do not necessarily comply with EU standards, due to insufficient controls. It has met resistance from farmers and livestock producers in a number of European countries, who have mobilised in large-scale protests against its signing, in France, Poland, Ireland and Belgium.

To calm anger in the sector, the European Commission has drawn up a series of clauses and concessions in recent months, including strengthened guarantees for the most sensitive products. A large farmers’ rally is scheduled for next Tuesday in Strasbourg, outside the European Parliament, which must still vote on the treaty in the coming months.

However, beyond agriculture, the signing has pleased European business representatives. European business, which represents 28 European industry associations (ranging from construction to services, and also including the textile, clothing and footwear industries), welcomed the agreement on Saturday.

Euratex has been advocating for the agreement for months.

“According to Euratex data, in the first seven months of 2025, EU textile and clothing exports to Mercosur reached 299.5 million euros, an increase of 4.4% compared to the same period in 2024,” the federation noted in the autumn.

“Clothing exports saw a particularly strong rise, up 9.2%, while textile exports increased by 2%.”

A similar tone can be heard across many organisations. European business argues that “by 2040, the agreement is expected to add 77.6 billion euros to EU GDP, translating into a 39% increase in EU exports to Mercosur.”

Buoyed by the potential for their industries, the federations are now calling on MEPs to ratify the text.

Strasbourg is, therefore, likely to come under heavy pressure from both supporters and opponents of the agreement in the months ahead.

With AFP

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Milan Uomo Moda: EA7 fetes Milano Cortina 2026

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January 19, 2026

The kickiest, and most fun show so far this season was EA7 – a snappy runway event that took over a main thoroughfare of via Manzoni, blocking traffic, luring hundreds of fans and finally bringing to live a somnolent fashion season.

EA7 fall/winter 2026 collection – FashionNetwork.com

It felt both like an affirmation that the house of Giorgio Armani is very active – four months after the passing of the great fashion designer. And of Italian pride as the country prepares to host the Milano Cortina 2026, the Winter Olympic Games next month.
 
Emporio Armani’s EA7 will attire every Italian athlete all the disciplines in the games, which runs from February 6 to 22  and kicks in Milan’s great stadium, the cathedral of soccer San Siro, in an opening ceremony entitled “Armonia” – meaning “Harmony“. 

A cast of some 16 models appeared in this EA7 show, marching around the center of the Armani retail empire, a whole city block that includes a huge Emporio boutique, bookshop, chocolate store and flower shop. All located over Giorgio’s legendary nightclub Armani Privé; and underneath the six story Armani Hotel.
 
Outside, the house projected its new ad campaign on the Rationalist-era building, inside the LED screens read the campaign’s motto – “Beyond Every Limit”.
 
The models emerging up from the basement on an escalator, the first pair brandishing fluorescent lights in the colors of the Italian flag – red, white and green.

EA7 fall/winter 2026 collection
EA7 fall/winter 2026 collection – FashionNetwork.com

 
Made mainly in black and white it featured sleek track pants with mini side logos; slim techy knits with snow crystal patterns; zippered hoodies with elastic funnel necks in the national tricolor, and lots of must-have logo headbands, caps and beanies.  
 
All winning huge applause from local Milanese, including Gianluigi Buffon, Italy’s goalkeeper when they won 2006 World Cup.
 
“Yes, we wanted a little celebration. It’s going to be a beautiful moment for Italy,” chuckled Leo Dell’Orco, Giorgio’s right hand man, who now oversees the creative team at the house.
 
Leo also continued his role as music master of the house, putting together a great soundtrack, including “Eastern Wind” by Hirrsh and “Lovin’ Feeling” by French 79 and Kid Francescoli. Proving that Leo is no slouch as either designer.

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Milan menswear Sunday: Domenico Orefice, Qasimi, Victor Hart, Santoni, Tod’s

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January 19, 2026

Sunday witnessed two striking runway debuts – Domenico Orefice and Victor Hart, a touching display by Qasimi and two very fine presentations by key Italian marques, Santoni and Tod’s.
 

Domenico Orefice: Italy has a new fashion cult

Domenico Orefice is a Neapolitan designer who hangs out in Tuscany but just staged his first runway show in Milan.

Domenico Orefice – Fall-Winter2026 – 2027 – Menswear – Italie – Milan – ©Launchmetrics/spotlight

Even before the debut, Orefice had built a cool cult following and Italian fashionistas fascinated by the dark glory of his clothes.
 
Targeted at clubbers and night-owls, this autumn 2026 collection bristled with attitude. Opening this display with a rockstar blouson paired with a mega-high shaggy collar worn with leggings and piratical boots. The first of many bold jackets – furnished with funnel necks.  His dark green flight jacket had such a huge collar when it splayed open it became like a cape.

For gals, he whipped up trompe l’oeil white cotton shirts featuring pearl necklaces and ties; or cotton piqué dresses shirts completed by shearling cummerbunds. Best of all, a rust-hued distressed leather jacket that looked like it had been unearthed somewhere, so bold was the attitude.

Domenico Orefice – Fall-Winter2026 – 2027 – Menswear – Italie – Milan – ©Launchmetrics/spotlight

Judging from this, no wonder that Dover Street marketed its first big order of Domenico Orefice last year.
 
All presented in the nerve-center of the next generation in Italian fashion, the Carla Sozzani Foundation in north Milan, where the rhythmic art of her partner Kris Rus provided the perfect backdrop to Orefice’s edgy fashion art. Because that is what it is.
 

Victor Hart: Denim dandies

On a chilly Sunday, a select few gathered to enjoy the debut runway on the official calendar of Victor Hart. 

Victor Hart – Fall-Winter2026 – 2027 – Menswear – Italie – Milan – ©Launchmetrics/spotlight

 
It’s a novel, denim-driven brand founded by Victor Reginald Bob Abbey-Hart, a Ghanaian designer who has made his home in Paris. A graduate of the city’s Haute Future Fashion Academy, Victor has a very definite point of view when it comes to denim.
 
His big idea was developing some bold denim jacquards coats and cloaks, several of them worn proudly by members like Carlo Capasa, the president of the Camera della Moda, Italian fashion’s governing body, which controls all runway seasons in Milan.
 
Staged by some 200 people in a redeveloped south Milan factory, with even more people crowding around the entrance outside, the show had considerable charm. Inside, a little bit amateur hour, as the show music stopped and started twice, before the first model finally appeared.

Victor Hart – Fall-Winter2026 – 2027 – Menswear – Italie – Milan – ©Launchmetrics/spotlight

Using a great casting, Victor sent out all manner of denim treatments – mock muddy, streaky or blotched – in a collection of hipster, hybrid workwear. Oversized safari; ballooning carpenters’ pants; slit at the side warehouse coats; priestly soutanes.
 
All word by models, brilliantly made-up with vertical black stripes down their faces, or silver smears on jowls or necks.  And topped with a mix of fedoras or electric blue woollen beanies with gold pins, worn at a jaunty tilt Simon Adebisi-style. Which is how Victor wore his when he took his bow to a very warm ovation.
 

Qasimi: Mode as memories

Sunday morning opened with the latest collection from Qasimi, a brand that marries Gulf inspirations with Western designs.

Qasimi – Fall-Winter2026 – 2027 – Menswear – Italie – Milan – ©Launchmetrics/spotlight

Though often evoking architectural, offset loops, spirals and overhanging fabric made the clothes fluid and full of motion. Many looks fluttered as the models marched by in this autumn/winter 2026 collection, staged in a former factory on Via Tortona in south central Milan.
 
Asymmetric layering was the key to the collection, where lapels varied in length, shoulders sprouted single scarves and sleeves often seemed to have a life of their own.
 
It could have been a mess, but in designer Hoor Al Qasimi’s capable hands, it became an evocative time capsule, where the clothes conjured up distant reminiscences. All staged underneath Lebanese artist Dala Nasser’s undulating natural dyed hangings.

Qasimi – Fall-Winter2026 – 2027 – Menswear – Italie – Milan – ©Launchmetrics/spotlight

The collection, Hoor explained, “reflects on how memory lives within clothing. Each garment becomes a vessel – carrying fragments of the past, acts of repair, and the quiet way we protect what we hold onto.”
 
A touching reference to this brand’s own particular history, seeing as its founder Khalid bin Sultan died so tragically early, aged 39. Though his gentle legacy lived on elegantly in this show today in Milan.
 

Santoni: Patina with rugged 

Santoni has always made very classy shoes, notable for their unique Velatura patina. This season, it combined all that with a dash of more rugged chic.
 
Like its superb new Karl Ice mountain boot. Finished on top with mountain hooks and chunky laces; underneath with a remarkable Cervino sole, where an orange frame can be flipped from a smooth surface to a steel pointed version. Perfect for navigating icy conditions.
 
The house employed the same technique on the very smart Carlo Boot where loafer meets upper in a happy marriage. 
 
Santoni’s sense of sheer excellence always impresses. As some remarkable work by artisans moulding a skin for scores of hours managed to develop a remarkable new lace-up whose upper has no side stitches. Unheard of before in footwear. Underneath their colleagues then hand nailed tiny brass nails on the perimeter of the sole. Think – footwear as an objet d’art.
 
The house even laid on a swish cocktail bar, where one could celebrate the best boots of the season: glistening brown, custom-made, bespoke crocodile lace-up gentlemanly hiker boots. Don’t expect much change out of $15,000 if you want to order a pair.
 

Tod’s: Expect the Winter Gommino to rule the coming Winter Olympics

Few boots seem more right for this season than the Winter Gommino, Tod’s chunky bootie, presented in multiple shades this Sunday.

Tod's autumn/winter 2026 collection
Tod’s autumn/winter 2026 collection – Courtesy

 
They were the keynote to a swish presentation inside Villa Necchi, Milan’s most famous modernist villa, whose entrance featured a team of four artisans making pairs by hand in suede, antiqued leather or even cashmere.
 
“We wanted to underline the meticulous attention to detail needed to make a pair of Winter Gommino and highlight the excellence of the leather we used,” explained Tod’s patron and CEO, Diego Della Valle.
 
With excitement building daily in northern Italy for next month’s games, the Winter Gommino seems like an ideal companion for cold winter days in the mountains.
 

Tod's autumn/winter 2026 collection
Tod’s autumn/winter 2026 collection – Courtesy

While in terms of ready-to-wear, the focus was on Tod’s Pashmy, a soft rare leather that evokes the famed fine wool of the Himalayas. Used with aplomb in the latest Coach Jacket or in a blazer with patch pockets dubbed, the Castello Jacket. 
 
Not a bad look for some après ski.
 

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