Recently, Italian investors led by entrepreneur Barbara Gabarrini Confalonieri and Guido Formilli Fendi, a member of the Fendi founding family, established a global strategic partnership with Itochu, the owner of the Italian fashion brand Mila Schön, through a newly formed company called Cofedo. The partnership aims to develop the Mila Schön brand globally and expand into categories such as furniture and home decor, perfume, eyewear, and menswear.
Under the agreement, Cofedo will invest in Mila Schön’s products, distribution, and brand image, and oversee the brand’s expan …