Former Gucci CEO Patrizio di Marco Is NOT Going To Dolce & Gabbana

By  |  0 Comments
Share Button

Patrizio di Marco

Some things are just not meant to happen! In this case, it wasn’t meant for Patrizio di Marco to take a position at Dolce & Gabbana.

Last February, donbleek.com reported that the former chairman and chief executive officer of Gucci was heading to Dolce & Gabbana. Back then, market sources said di Marco “is set to join the Italian fashion group [Dolce & Gabbana], after honoring his one-year noncompete agreement,” (see it here).

A few weeks after reporting our original story, we followed-up and said, that “di Marco was joining the board of Dolce & Gabbana and could start his new position at the Italian luxury house as early as next March 2016,” according to people familiar with the situation (see it here).

March came and went and it wasn’t any signs of di Marco at Dolce & Gabbana.

Now market sources in Milan say that the match between di Marco and Dolce & Gabbana did not make or become definite and clear in the end. The parties did not reach an agreement over di Marco‘s role and the house’s structure.

di Marco ran Gucci (owned by Kering SA) for six years. While there, he grew sales by nearly two-thirds. di Marco and former creative director Frida Giannini left Gucci in Jan 2015. Prior to joining Gucci in 2009, di Marco, played an instrumental role in turning Bottega Veneta as President and CEO for eight years.

Photos Credit: Getty Images/Andrew H. Walker

 

Share Button
Donovan

Donovan is the CEO and Editor-In-Chief of www.dmfashionbook.com. For all general inquiries please email don@dmfashionbook.com Donovan has a BA in Journalism & Media Studies from the prestigious Rutgers University. He's currently studying entertainment and fashion law.