Trussardi Explained

Trussardi
Type:Private
Industry:Fashion
Foundation:1911
Founder:Dante Trussardi
Location City:Milan
Location Country:Italy[1]
Key People:Alberto Racca (CEO)

Trussardi (pronounced as /it/) is an Italian fashion house based in Milan, Italy, and specialized in leather goods, ready-to-wear, perfumes, and accessories.[2] [3]

Trussardi was founded in 1911 as a leather glove manufacturer,[4] and expanded its line to additional leather goods in the 1970s, after Nicola Trussardi took over from his uncle. In the 1980s the company started production of ready-to-wear clothing, in addition to products including perfumes and jeans. By the 1990s Trussardi was selling internationally, with its largest markets being Italy and Japan.

From 2024, Trussardi is part of Miroglio Group, which has been operating throughout the fashion and retail supply chain since 1947.[5]

History

Early days

Trussardi was founded in 1911 by Dante Trussardi as a leather glove maker, selling to the public and to the Italian army during World War II until it surrendered to Allied Forces. After his death, Dante's son Giordano took over the business. In 1970, Nicola Trussardi took over from his father Giordano, after his brother Dante (named after his grandfather) died in a firearms accident.[6] [7] His wife Marialuisa also joined the company as the creative director. During the 1970s, Trussardi diversified into other leather goods and accessories, and eventually non-leather apparel (wallets, suitcases, belts and shoes), along with a new greyhound logo. Nicola Trussardi took full control of the company after the death of his father.

Expansion

The company released its first perfume "Trussardi", in 1980, and "Trussardi Uomo" for men in 1983.[8] It also launched the first Trussardi women's ready-to-wear line in 1983,[9] followed by a men's line in 1984. Trussardi Jeans was founded in 1986.[10] The company later added sport and home lines. By 1985, the brand had 120 stores around the world. The company also developed interior designs for private aircraft and helicopters.

Around this time, Trussardi entered the US market, with sections in department stores in addition to boutiques, and initial franchise locations in Beverly Hills, Atlanta, Miami, and San Francisco. The first Bloomingdales location opened in 1985,[11] with opera singer Luciano Pavarotti in attendance for the grand opening. In 1989, the company launched its first eyewear line. In 1993, the company opened a research and development center in Brindisi, which initially focused on raw material research, new fabrics, and changing packaging to be more environmentally friendly.[12] [13] The three initial lines for the collection were Trussardi Sport, Jeans, and T-store, each produced by the company Sosab—owned by Nicola Trussardi and operating out of Modena, Italy. The T-Stores started in 1996 and sold the company's lifestyle line: jeans, sports lines, bicycles, tableware, and confections. The first three stores opened in 1995 in Bangkok, Hong Kong, and Seoul. The company's first New York City store opened in 1996. That year, the turnover for the company, including licenses, was $530 million.[14] [15] They also opened a new store in Milan within Nicola Trussardi's redeveloped Marino Alla Scala across from the La Scala opera hall.[16] [17] By this time the company had seven fragrances, with about one third of fragrance sales being done in Europe and two-thirds abroad.

In 1998, Trussardi launched a new eyewear line, with both prescription and sun glasses.[18] In 1992, Trussardi licensed its Trussardi Levriero and Trussardi Action lines to the Japanese company C. Itoh for about $1.4 billion over five years. At the time, Japan accounted for about 70% of the company's total exports out of Italy, and there were about 200 Trussardi Levriero stores in the country.[19] Following its partnership with C. Itoh, Nicola Trussardi founded Teijin Ltd, intending it to be Trussardi's long-term partner in the country. In 2003, Trussardi took on Mitsui as its partner in Japan, ending its relationship with Teijin.[20]

2000s

Francesco Trussardi, Nicola's son, became chairman of the brand after his father's death in 1999. His sister Beatrice also took a leadership position with the company.[21] After her brother's death in 2003, Beatrice became president and CEO of the fashion house, staying president until Maria Luisa Trussardi took over the position. In 2006, the brand hired Eric Wright, who had previously designed for Fendi, to be the house's head designer.[22] In the same year, Trussardi Alla Scala Restaurant was opened, becoming one of the three restaurants in Milan to have been awarded two Michelin stars,[23] which it held until 2015. In 2008, Trussardi launched the super high-end line of brand Trussardi dal 1911, designed by Milan Vukmirovic.[24] In 2011, Trussardi released the home décor collection MY Design, named for the initials of industrial designer Michael Young and inspired by Trussardi's designs of the 1980s and 1990s.[25] [26]

In 2011, Umit Benan Sahin became the label's creative director, and in 2013, Sahin was replaced by Gaia Trussardi. Prior to becoming creative director for the mainline collections, Gaia had already served as the creative director for Tru Trussardi and Trussardi Jeans.[27] For the 40th anniversary of their logo, Yuko Shimizu produced an animated short film entitled "Sky Watcher".[28] In 2017, Trussardi launched its latest men's fragrance Riflesso. Said to have ambrosial wafts of woody and oriental notes.[29] In April 2018, Gaia Trussardi stepped down as creative director of the fashion house.[30]

In February 2019, the asset management company Quattro R acquired 60% of Trussardi.[31] [32] A few months later, Maela Mandelli (former PVH director) was named CEO of the company.[33] Then in October 2020, Sebastian Suhl was named CEO of Trussardi.[34] In May 2021, Benjamin Huseby and Serhat Işık were named creative directors Trussardi.[35]

In 2023, the company underwent a crisis restructuring procedure at the Milan Court. The members of the Board of Directors, CEO Sebastian Suhl, and the two creatives Serhat Işık and Benjamin A. Huseby, resigned.[36]

In March 2024, Trussardi became part of Miroglio Group as an independent brand based in Milan, under the leadership of Alberto Racca as CEO. The acquisition aims to fuse Trussardi's enduring elegance and versatility, attributes that have long defined the brand, with a modern customer-centric approach that embraces contemporary lifestyles and values.[37]

Collections, partnerships and licenses

Collections

Trussardi is the collection line of the fashion house, which designs clothing and accessories for both men and women.

Past collections

Partnerships

In 2011, to celebrate the Maison's centenary, a limited edition of the BMW 5 Series Gran Turismo was launched in collaboration with BMW Italia. In the same year, Trussardi created a special leather helmet in collaboration with MOMODESIGN.[44]

In the 2013–2014 season, Trussardi began designing the off-field uniforms for Juventus Football Club.[45]

In 2014, the brand and Samsung Electronics Italy joined forces for a limited edition of covers for the Galaxy Note 4 and Galaxy S5 smartphones, as well as the Galaxy Tab S 10.5 tablet.[46]

In 2015, Trussardi collaborated with Coca-Cola to create the first limited edition collection of bottles and cans to celebrate the brand's 100th anniversary.[47]

In 2016, a partnership with Dynamic Yachts was established for the customization of the interiors of the Dynamiq D4 Jetsetter model through Trussardi Casa.[48]

In 2019, Trussardi and Fiat presented the Limited Edition "Panda Wears Trussardi," a co-branding project aimed at combining the urban-chic elegance of the fashion house with the functionality of the Italian car. The protagonist of the advertising campaign was the singer Ava Max, who wore iconic Trussardi pieces to shoot the music video for her single "Torn."[49]

Licenses

In 1983, Trussardi Junior, the children's clothing line of the maison, was launched for the first time.[50] In 2009, Trussardi licensed the management of the brand, both in terms of production and distribution, to Idea and, since 2013, to the Italian company Pinco Pallino.[51] In 2016, the partnership with Brave Kid (of OTB group) began with the first autumn/winter 2017/18 collection.[52] Since 2020, the license for Trussardi Junior collections has been entrusted to Arav Fashion Group.[53]

In 2010, Trussardi entered into a licensing agreement with Charmant for the design, production, and distribution of the eyewear line, which transferred to De Rigo in 2015.[54] Since 2022, Trussardi continues to produce its own line of eyeglasses and sunglasses, together with GO Eyewear.[55]

The Trussardi Parfums line, admired worldwide for the iconicity of its fragrances, is currently developed by Angelini Beauty, the brand's licensee since 2012.[56]

In 2014, a partnership was signed with Morellato for the launch of the Swiss production line Trussardi Orologi,[57] and subsequently, in 2022, for Trussardi Jewels.

A collaboration with Manifattura di Valduggia S.p.A. began in 2014 for the creation of Trussardi Beachwear, Underwear, and Nightwear. In 2022, the license for the Beachwear line was entrusted to AREA B.

In 2014, a licensing agreement was signed with Club House_ Luxury Living Group, marking the birth of Trussardi Casa, on the occasion of the Milan International Furniture Fair.[58] In 2015, in collaboration with Zambaiti Parati SPA, the distribution of Trussardi Wall Decor products began. In 2023, Trussardi and Luxury Living Groups announced the new project Trussardi Residences, the result of a partnership with MIRA Developments, with the creation of the first fully furnished residential complex Trussardi Casa in Dubai.[59]

In 2016, Trussardi partnered with Lardini to create the men's formalwear line Trussardi Elegance, which was inaugurated in Milan with the fall/winter 2017–2018 collection.[60]

External links

Notes and References

  1. Web site: Trussardi scommette sul prêt-à-vivre . 11 July 2019 . 16 July 2021.
  2. News: Italian family-owned luxury brand Trussardi sells out to fund. 28 June 2021 . Financial Times. 13 February 2019. Sanderson. Rachel.
  3. Web site: Trussardi, Spa. 28 June 2021.
  4. Book: Groom . Nigel. 30 June 1997. New Perfume Handbook . en. Springer. 0751404039 .
  5. Web site: 2024-03-12 . Miroglio group buys Trussardi from QuattroR - Fashion & Luxury - Ansa.it . 2024-04-24 . Agenzia ANSA . it.
  6. Mario. Orian. Trussardi: ritratto di famiglia. I.F. ITALIAN FASHION. 10. 1981. it.
  7. News: Industriale si uccide mentre pulisce il fucile. Corriere della Sera. 4 October 1970. it.
  8. Book: New Perfume Handbook . 332 . N. Groom . May 27, 2014 . Springer . 1997. 9780751404036 .
  9. Web site: Revamped Trussardi returns to basics.(Eye on Fragrance) . https://web.archive.org/web/20150924145733/http://www.highbeam.com/doc/1G1-18370277.html . dead . September 24, 2015 . May 27, 2014 . WWD . June 7, 1996 . Amy B. Barone.
  10. Web site: May 27, 2014 . Nicola Trussardi . https://web.archive.org/web/20150924191219/http://www.highbeam.com/doc/1P2-23733630.html . dead . September 24, 2015 . The Herald . April 27, 1999.
  11. Web site: September 24, 1985. Bloomingdale's opens boutique for Trussardi. dead. https://web.archive.org/web/20150924155038/http://www.highbeam.com/doc/1G1-3948901.html. September 24, 2015. May 27, 2014. WWD.
  12. Web site: Designs on US expansion inspire Nicola Trussardi . https://web.archive.org/web/20150924155041/http://www.highbeam.com/doc/1G1-3950745.html . dead . September 24, 2015 . May 28, 2014 . WWD . September 26, 1985.
  13. Web site: Trussardi plunging into the U.S. market. (leather goods manufacturer introduces sunglasses line) . https://web.archive.org/web/20150924045534/http://www.highbeam.com/doc/1G1-10700558.html . dead . September 24, 2015 . May 27, 2014 . WWD . May 10, 1991.
  14. Web site: NICOLA TRUSSARDI DEAD AT 56 . https://web.archive.org/web/20150924155501/http://www.highbeam.com/doc/1G1-54398318.html . dead . September 24, 2015 . May 28, 2014 . WWD . April 15, 1999 . Samantha Conti.
  15. Web site: Trussardi makes bid to redefine image with new, sportier lines. (Nicola Trussardi)(Italia '96) . https://web.archive.org/web/20150924145236/http://www.highbeam.com/doc/1G1-17905177.html . dead . September 24, 2015 . May 27, 2014 . WWD . January 30, 1996 . Samantha Conti.
  16. Web site: Trussardi builds his dream palazzo . https://web.archive.org/web/20150924145938/http://www.highbeam.com/doc/1G1-18711182.html . dead . September 24, 2015 . May 28, 2014 . WWD . September 25, 1996 . Samantha Conti.
  17. Web site: Tomaso Trussardi (AD di Trussardi): "Nel 2014 lanciamo la linea Casa e gli orologi" . January 30, 2014 . July 7, 2014 . Fashion Magazine . Dominique Muret.
  18. Web site: Trussardi (fashion designer Nicola Trussardi) . https://web.archive.org/web/20150924151420/http://www.highbeam.com/doc/1G1-20354093.html . dead . September 24, 2015 . May 27, 2014 . WWD . February 24, 1998.
  19. Web site: Trussardi inks pact for Japan licensing. (Trussardi S.p.A., C. Itoh and Company Ltd.) . https://web.archive.org/web/20150924122130/http://www.highbeam.com/doc/1G1-12534772.html . dead . September 24, 2015 . May 27, 2014 . Daily News Record . September 3, 1992 . Sara Gay Forden.
  20. Web site: In Brief.(Brief Article) . https://web.archive.org/web/20150924165550/http://www.highbeam.com/doc/1G1-96330779.html . dead . September 24, 2015 . WWD . January 9, 2003 . May 27, 2014.
  21. Web site: Foreign News: Fashion icon tragedy . https://web.archive.org/web/20150924165833/http://www.highbeam.com/doc/1G1-99037180.html . dead . September 24, 2015 . May 27, 2014 . Daily Post (Liverpool, England) . January 27, 2003.
  22. News: Gucci heads for highlands while Anglomania reigns . https://web.archive.org/web/20150924172648/http://www.highbeam.com/doc/1P1-117580269.html . dead . September 24, 2015 . May 27, 2014 . International Herald Tribune . January 20, 2006 . Suzy Menkes.
  23. wheremilan.com Michelin-starred Restaurants
  24. Web site: TRUSSARDI'S TURNING POINT . https://web.archive.org/web/20150924144822/http://www.highbeam.com/doc/1G1-174707476.html . dead . September 24, 2015 . Daily News Record . January 21, 2008 . Courtney Colavita . May 27, 2014.
  25. Web site: Home Style- Trussardi Design Relaunches at the Salone del Mobile in Milan - Sharon Haver - FocusOnStyle.com. 11 April 2011.
  26. News: Pavarini . Maria Cristina . TRUSSARDI LAUNCHES MY DESIGN PROJECT . 21 December 2021 . the-spin-off.com . 23 March 2011 . en.
  27. Web site: Trussardi New Creative Director Named . British Vogue . May 31, 2014 . February 28, 2013 . Ella Alexander.
  28. Web site: Trussardi Marks Milestone With Animated Short. Luisa. Zargani. 3 December 2013.
  29. Web site: Introducing the Trussardi Riflesso.
  30. Web site: Turra. Alessandra. 2018-04-13. Gaia Trussardi Leaves Trussardi Group. 2021-06-07. WWD. en-US.
  31. Web site: Moda, il fondo QuattroR compra Trussardi . 13 February 2019 . it. Il Sole 24 Ore. 9 June 2021.
  32. Web site: 13 February 2019. FINALIZZATA L'ACQUISIZIONE: Trussardi: il 60% passa al fondo QuattroR. 2021-06-07. www.fashionmagazine.it. it.
  33. Web site: 29 July 2019. Trussardi names new CEO after switch of hands to QuattroR Fund. 2021-06-07. www.themds.com. en-US.
  34. Web site: Fraser. Kristopher. 2020-10-09. Trussardi names new CEO. 2021-06-07. FashionUnited. en.
  35. Web site: Snowden. Heather. 2021-05-25. GmbH Founders as Named Trussardi's New Creative Directors. 2021-06-07. Highsnobiety. en.
  36. Web site: Nast . Condé . 2023-03-03 . Trussardi board resigns and CEO exits as brand repositions . 2024-04-24 . Vogue Business . en-US.
  37. Web site: Finanza . MF Milano . 2024-05-04 . Miroglio unveils the key strategies for the relaunch of Trussardi - MilanoFinanza News . 2024-04-24 . MF Milano Finanza . it.
  38. Web site: Tru Trussardi apre da Printemps Haussmann . Vogue Italia . May 31, 2014 . February 14, 2014 . it . Laura Tortora.
  39. News: Tru Trussardi metal, acetate and leather sunglasses . Financial Times . May 31, 2014.
  40. Web site: Tru Trussardi . May 31, 2014.
  41. Web site: Tomaso Trussardi : "Il futuro del levriero è il lusso accessibile". LaStampa.it.
  42. Book: The Use of English in Institutional and Business Settings: An Intercultural Perspective . May 31, 2014 . 37 . Giuliana Garzone . Cornelia Ilie . amp . Peter Lang . 2007. 9783039108893 .
  43. Book: 100 знаменитых мира моды . ru . May 31, 2014 . Скляренко В. М. . Вологжина Н. И. . Исаенко О. . Колозинская И. А. . Directmedia . 2013. 9789660333109 .
  44. Web site: 2024-04-24 . FashionNetwork com IT . it . Trussardi 1911 lancia il casco Momodesign . FashionNetwork.com.
  45. Web site: Trussardi Teams With Juventus Football Club. Anna. Novaro. 16 May 2013.
  46. Web site: 2024-04-24 . Nicole Fontana . 2015-01-26 . it-IT . Samsung e Trussardi: cover in limited edition . Fashion Times.
  47. Web site: NL . FashionNetwork com . Trussardi redesigns Coca-Cola label for centennial . 2024-04-24 . FashionNetwork.com . en-NL.
  48. Web site: Yacht di lusso e griffe di alta moda: Trussardi Casa veste Dynamiq .
  49. Web site: Fiat Panda Trussardi, the first . 2024-04-24 . www.media.stellantis.com . en.
  50. Web site: Trussardi, SPA . May 31, 2014.
  51. Web site: Elena Passeri . May 4, 2013 . Trussardi Junior affidato a Pinco Pallino . May 31, 2014 . Fashion Magazine.
  52. Web site: 26 January 2017 . Trussardi Junior sceglie Brave Kid - Vogue.it .
  53. Web site: 2024-04-24 . 2020-09-24 . it-IT . Arav Fashion acquisisce licenza kids di Trussardi . Pambianconews notizie e aggiornamenti moda, lusso e made in Italy.
  54. Web site: Trussardi affida gli occhiali a De Rigo .
  55. Web site: 2024-04-24 . Trussardi affida gli occhiali a Go Eyewear b2eyes . www.b2eyes.com.
  56. Web site: 2024-04-24 . Marika Gervasio . 2022-10-14 . it . Angelini beauty rafforza la partnership con Trussardi . Il Sole 24 ORE.
  57. Web site: Orologi: Trussardi sceglie Morellato .
  58. Web site: April 16, 2014 . Trussardi Home / 125 . May 31, 2014 . Domus Web.
  59. Web site: 2024-04-24 . 2023-08-01 . it-IT . Trussardi Residences, a Dubai il nuovo complesso residenziale su 11 piani - Pambianco Design . design.pambianconews.com/.
  60. Web site: 24 November 2016 . Moda Uomo: Trussardi e Lardini presentano Trussardi Elegance - Vogue.it .