The trade association of the Italian luxury industry, Altagamma, has decided to re-elect Leonardo Ferragamo as the chairman of the board for another three-year post.
Altagamma members include Alberta Ferretti, Brioni, Emilio Pucci, Fendi, Max Mara, Loro Piana, Tod’s, Versace and Valentino.
The executives elected as Altagamma board members were Niccolo Branca, Jacopo Biondi Santi, Patrizio Di Marco, Andrea Illy, Matteo Marzotto, Vittorio Missoni, Matteo Montezemolo, Laudomia Pucci, Carlo Rivetti, Francesco Trapani, Santo Versace, Ermenegildo Zegna.
It commemorated its 15-year anniversary with a revision of its mission to the following: “To affirm the excellence of Altagamma member companies and to promote, together, Italian Lifestyle and Culture around the world.”
Altagamma is also active in research studies. Last summer, the producers association announced global figures showing that consumers spent $94 billion annually on luxury goods with 26% or $25 billion spent on Italian goods.