Struggling Fashion House Trussardi Nears Brand, Assets Sale
- Trussardi is nearing deal after extended marketing process
- Luxury fashion houses are grappling with waning demand
The Trussardi SpA store in Milan, Italy.
Photographer: Chris Ratcliffe/Bloomberg
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Struggling Italian fashion house Trussardi SpA is nearing a deal that will see it transferred to a new owner and have assets sold off as part of a debt restructuring.
After an extended marketing process that saw little demand, the brand, together with some of the group’s branches, is set to be sold to Miroglio Group, a manufacturer and distributor of ready-to-wear products, said people with knowledge of the matter who spoke to Bloomberg on condition of anonymity.