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Italian luxury lingerie brand set for sale by June

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By

Ansa

Translated by

Nazia BIBI KEENOO

Published



March 12, 2025

The race to secure La Perla‘s future has reached a pivotal stage. Following the deadline for expressions of interest, around 20 bidders—primarily international players—have gained access to the virtual data room containing the financial and operational details of the iconic Italian lingerie brand, which is currently under extraordinary administration. These interested parties now have approximately one month to analyze the company’s situation before submitting binding offers.

La Perla

Buyers will submit sealed bids in May, and the strongest offer will follow shortly after. La Perla’s sale will close by the end of June. The deal includes La Perla Manufacturing, which operates the brand’s Bologna production facility, along with a brand licensing agreement with a purchase option. The sale may also cover La Perla Global Management UK’s Italian operations and its subsidiaries in the UAE and China.

Sources close to the deal reveal that most interested parties are international companies. However, Sandro Veronesi, founder of Oniverse (formerly Calzedonia)—whose name had been widely speculated—is not on the bidders’ list.

That said, new contenders could still enter the race. A buyer could still submit a binding offer without having previously expressed interest, though doing so would mean placing a bid without access to La Perla’s confidential financial data—a considerable risk in a high-stakes acquisition.

Copyright © 2025 ANSA. All rights reserved.



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The 12 best catwalk moments this season

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In chronological order – starting in New York and ending in Paris – the 12 catwalk shows that had the most beautiful clothes; empowered the most women; packed the most punch; or took fashion into fresh aesthetic terrain.

Altuzarra

Wuthering Heights in the famed cathedral of finance the Woolworth Building. Brilliant double-face cashmere wrap coats, worn by heroines escaping a storm, like the famed novel’s protagonist Catherine Earnshaw.

Altuzarra – Fall-Winter2025 – 2026 – Womenswear – Etats-Unis – New York – ©Launchmetrics/spotlight

Alpine cashmere sweaters; black riding boots; jodhpur-style pants; fabulous hooded great coats; and soft blousons, ideal for the north Yorkshire moors of Wuthering Heights, or for New York’s sub-zero temperature on the day of the show. America’s most polished fashion statement.
 

Luar

One of two great design communities in BIPOC fashion alongside Willy Chavarria, Raul Lopez wowed in a lower Manhattan lobby with a great gutsy, provocative lust for love display.

Luar – Spring-Summer2025 – Womenswear – Etats-Unis – New York – ©Launchmetrics/spotlight

It’s title was “El Pato”, taken from Hispanic homophobic slang for someone effeminate. Lopez cuts with a scalpel: diagonally slashed tunics; fantasy pencil thin pants suits in a muddy crocodile print; fantastical Martha Graham body stocking-meets-cape looks. Nearly every passage winning cheers from his ecstatic front row. All the way to a fabulous bouffant space commander denim jackets, like an after-hours Lieutenant Uhura in Bed Stuy. Fashion fighting for diversity and inclusion.

Paolo Carzana

A star is born moment for Paolo Garzana and his first proper runway show, presented in a tiny wee pub called The Holy Tavern to just 40 patrons. A delightful gang of beguilingly disheveled dandies and molls, all attired in bizarrely dyed fabrics, crumpled and creased and sewn into Restoration-pirate chic.

Paolo Carzana Autumn/Winter 2025
Paolo Carzana Autumn/Winter 2025 – Courtesy

Beautifully bedraggled, the cast wore a collection that was tied, twisted, coiled and ruched – like extras from “The Raft of the Medusa”. The hottest new talent in the UK. And not a bad pint afterwards.
 

Marni

Francesco Risso may not be the most commercial designer in Milan, but he is the most crazily cool. A collaboration with Nigerian artists Olaolu Slawn and Soldier Boyfriend led to images of wolves, fox tails, dark birds and flying pigs.

Marni – Fall-Winter2025 – 2026 – Womenswear – Italie – Milan – ©Launchmetrics/spotlight

Paintings displayed on the show-space walls and printed onto many phantasmagorical outfits. Talk about composite cool fashion: Crombie coats that become cocoons, tube skirts that had plenty of kick, and shirt dresses morphed into gowns. All presented inside a surreal mock jazz club. Probably the single most original collection of the season.
 

Fendi

Silvia Fendi feted the century of the brand her grandparents founded with an often beguiling collection. Ironically this felt like the best possible examination paper for the job she already effectively carries out – creative director of the Roman house.

Fendi – Fall-Winter2025 – 2026 – Womenswear – Italie – Milan – ©Launchmetrics/spotlight

Flawless flared funnel collar coats worn as dresses; marvelous tubular leather coats in chevron and zig zag mink coats that reeked rich. Eva Herzigova in an accordion pleat silk cocktail; Edie Campbell in a strass encrusted tweed cocoon coat. Talk about passing a test with flying colors.
 

The Row

Poise, poetry and calm at The Row, where half the guests had to sit on the carpeted floor, the better to enjoy the purity of the clothes: begun by super trench-coats – shortened with precise panels; all nipped at the neck with two visible buttons.

The Row - Fall-Winter2025-2026 - Paris ©Launchmetrics/spotlight
The Row – Fall-Winter2025-2026 – Paris ©Launchmetrics/spotlight

Everything classy yet never attention seeking – double-face cashmere coats with tuxedo lapels, lambskin great coats in burgundy or soft spy coats with big lapels in black leather. Exactly the sort of clothes that every lady editor and buyer wanted to wear.
 

Tom Ford

A sweet smell of a hit at Haider Ackermann’s launch collection for Tom Ford. Hyper-ironed leather looks with a soupçon of transgression. Impeccably cut – razor-sharp perfectos for gals; taut biker jackets for guys; redingotes for rockstars; surgeons’ coats for femme fatales.

Tom Ford – Fall-Winter2025 – 2026 – Womenswear – France – Paris – ©Launchmetrics/spotlight

Zegna spent $150 million buying the 20-year license to Tom Ford’s fashion and accessories division, which was not ever noticeably profitable. But this looks like one big bet that is going to pay off handsomely.
 

Róisín Pierce

A moment of grace at Róisín Pierce, who staged three intimate shows in the gilded elegance of the Hotel de Breteuíl, otherwise known as the Irish Embassy in Paris.

Roisin Pierce – Fall-Winter2025 – 2026 – Womenswear – France – Paris – ©Launchmetrics/spotlight

A delicate dreamlike meeting of cotton spirals, snowflake cotton, whisper-light embroidery and feathery tulle that confirmed Róisín as one of the most important young contemporary designers.
 

Givenchy 

Sarah Burton debuted with tremendous panache at Givenchy. Riffing on Hubert de Givenchy’s Bettina blouse; crisp tailoring; little black dresses for Audrey Hepburn; or fishnet tops that read “Givenchy Paris 1952”, the year the house was founded.

Givenchy – Fall-Winter2025 – 2026 – Womenswear – France – Paris – ©Launchmetrics/spotlight

A canny blend of silhouette, attitude and the best costume jewelry anywhere. A stylish home run for Burton, and Givenchy.
 

Issey Miyake

The season’s loudest applause went to Satoshi Kondo at Issey Miyake inside the Carrousel du Louvre. Marrying mannish blazers with beautifully inverted shirts, their sleeves falling before the waist.

Issey Miyake – Fall-Winter2025 – 2026 – Womenswear – France – Paris – ©Launchmetrics/spotlight

Heralding fabric innovations – like paper and polyurethane V-shaped blazers; or blends of alpaca and thermoplastic synthetic fibers to produce gargantuan rigid coats in fantasy folds and silhouettes. Blockbuster show, epic fashion. 
 

Louis Vuitton

Trans-Euro Vuitton, as Nicolas Ghesquière took just 400 guests to a mock rail station, beside a real one – the Gare du Nord. A fitting metaphor for the designer’s latest blend of futurism, active sport, techy materials and tongue in cheek humor.

Louis Vuitton – Fall-Winter2025 – 2026 – Womenswear – France – Paris – ©Launchmetrics/spotlight

Talk about taking risks: leather shorts cut like lotus flower-shaped Kiki Bachi basins, paired with transparent latex dusters. Graphic anoraks with road signage Vuitton logos; or tartan blankets brilliantly draped into sexy after-hour saris. For evening, samurai armor-shaped knit tops over vast folds of mille feuille chiffon dresses. No wonder French First Lady Brigitte Macron gave him the warmest imaginable embrace when Nicolas took his bow.
 

Miu Miu

Unquestionably, the single most influential show in fashion today.

Miu Miu Fall/Winter 2025
Miu Miu Fall/Winter 2025 – Courtesy

This season, Miuccia entitled the collection “Femininities”, and her exaggerated ideas – cone bras; triangular structures in felted wool; tailoring that sat off the body; ultra-see-through transparent silk all looked sensational. As did her hyper eclectic and sexually diverse cast. Vive la Resistance.
 

Copyright © 2025 FashionNetwork.com All rights reserved.



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Stitch Fix reports declining revenue and customer base in Q2

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Stitch Fix announced on Tuesday revenue fell 5.5% to $312.1 million in the second quarter, as active customer numbers continue to fall at the subscription-based apparel firm.

Stitch Fix reports declining revenue and customer base in Q2. – Stitch Fix

The San Francisco-based company said active clients fell 2.6% to 2.3 million, quarter-over-quarter, and decreased 15.5% to 434,000, year-over-year, for the second quarter of fiscal year 2025, ended February 1. 

For the quarter, the U.S. company reported a net loss from continuing operations of $6.6 million and diluted loss per share of $0.05.

“Our team delivered another strong quarter, once again exceeding our expectations as we further advanced our transformation strategy,” said Matt Baer, CEO, Stitch Fix. 

“Our clients are responding to the improvements we’ve made to our experience, including the increased newness in our assortment, expanded Fix flexibility, and investments in stronger client-Stylist relationships. We are encouraged by our progress and remain focused on successfully executing our strategy so we can realize our vision to be the most client-centric and personalized shopping experience.”

Looking ahead, for the third quarter of fiscal 2025, ending May 3, the company expects net revenue between $311 million and $316 million, down 3.6% to 2.1% year-over-year.

Meanwhile, Stitch Fix said it expects fiscal 2025 revenues from continuing operations to be between $1.225 billion and $1.24 billion, down 8.4% to 7.3% for the year.

Copyright © 2025 FashionNetwork.com All rights reserved.



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Allbirds reports steep revenue decline in 2024

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Sustainable footwear and lifestyle brand Allbirds announced on Tuesday fourth-quarter net revenue fell to $55.9 million, as the footwear firm grappled with international distributor transitions and planned retail store closures.

Allbirds reports steep revenue decline in 2024. – Allbirds

The San Francisco-based sustainable footwear and apparel company said that sales decreased 22.4% for the three months ending December 31, as a result of lower unit sales within its direct business.

For the full-year 2024, net revenue decreased 25.3% to $189.8 million versus a year ago. As a result of the plummeting sales, the U.S. company reported a net loss in 2024 of $93.3 million, or $11.87 per basic and diluted share.

“2024 was a year of progress both operationally and financially,” said Joe Vernachio, chief executive officer. 

“We strengthened our operating model, driving gross margin expansion and cost reduction, while also bolstering Allbirds’ international presence via new distributor agreements. Importantly, we reignited our product and marketing engines, which is expected to fuel improvement in trend in the second half of the year, including our return to top line growth in the fourth quarter. We are continuing to operate with financial discipline as we focus on further advancing our plans around product, marketing, and customer experience.”

Looking ahead, the company expects 2025 net revenue to be in the range of $175 million to $195 million, with U.S. net revenue of $145 million to $160 million.

For the first quarter of 2025, net revenue is expected to be in the range of $28 million to $33 million, with U.S. net revenue of $22 million to $25 million. 

The company’s outlook for the full year reflects approximately $18 million to $23 million of negative impact to revenue associated with the transition from a direct selling model to a distributor model in international markets, as well as the closure of 20 Allbirds stores in the U.S., encompassing 2024 and year-to-date 2025.

Copyright © 2025 FashionNetwork.com All rights reserved.



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