Tags: EU | Italy | Fashion | Costume National

Costume National Founder Steps Down after Brand Takeover

Wednesday, 16 March 2016 10:22 AM EDT

MILAN (AP) — Costume National creative director Ennio Capasa has stepped down following the takeover of the brand by its Japanese partner, Sequedge.

Capasa's surprise departure from the company he founded in 1986 was announced Tuesday. A press statement said the deal allows Capasa and his brother Carlo Capasa, who was Costume National's CEO, "to immediately pursue new collaborations across a wider international spectrum."

The brothers described the move as "bittersweet," adding, "we hope that the future continues to hold even greater success for the brand and Sequedge." They said they planned new ventures, but did not provide details.

There was no hint of an impending transition during the most recent runway show during Milan Fashion Week two weeks ago.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Europe
Costume National creative director Ennio Capasa has stepped down following the takeover of the brand by its Japanese partner, Sequedge.Capasa's surprise departure from the company he founded in 1986 was announced Tuesday.A press statement said the deal allows Capasa and his...
EU,Italy,Fashion,Costume National
119
2016-22-16
Wednesday, 16 March 2016 10:22 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved