Most Recent Articles In Fashion Scoops
Latest Fashion Scoops Articles
- Liberty Launching Social Shopping App With Tapestry
- Hackett London Opening First Store
- The Dandy Lab Sets London Store Opening
More Articles By
DIEGO MAXIMUS: Tod’s chief Diego Della Valle isn’t getting a thumbs-down sign yet.
After threatening earlier on Thursday to cancel his plan to restore the Colosseum, the executive said during an impromptu press conference held in Rome later that day that he was holding off on that decision. Della Valle, who had met with Italy’s minister of cultural assets, Lorenzo Ornaghi, in the morning, said: “We await the result of the inquiries, as per the minister’s request, but we pray the authorities will act quickly and well.”
The entrepreneur’s efforts to restore the iconic amphitheater in Rome with a donation of 25 million euros, or $31.8 million at current exchange, are being thwarted by a series of bureaucratic glitches, and by an investigation by the Court of Auditors and Rome’s public prosecutor.