Camera expresses belief in Italian future; Lorenzo Bertelli concerned Armani might pass into foreign hands

Prada senior executive and family heir Lorenzo Bertelli on Wednesday expressed concern that the house of Giorgio Armani might pass into foreign hands, a common apprehension among senior Italian luxury executives.

“Naturally, I fully respect the right of Signor Armani to do as his wishes with his own company. But, of course, we would be disappointed if Armani passed into foreign control,” said Bertelli, speaking at a breakfast with editors to meet the board of the Camera della Moda , Italian fashion’s governing body.

Held inside private members club Cipriani, the morning get together was hosted by a Camera board that included many of Italy’s top luxury decision makers: Renzo Rosso of Diesel , Luigi Maramotti of Max Mara , Remo Ruffini of Moncler , and Gildo Zegna , Alfo