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AIMING EAST: Emanuel Ungaro is returning to Japan. Itochu Corp. said it would begin to exclusively distribute the brand’s ready-to-wear and accessories collections in Japan through its fully owned Coronet Corp.
Coronet is to target department stores and selected specialty stores starting with the spring-summer 2015 season. In addition, a number of shop-in-shops are to open before 2016.
In 2012, the Aimz, the American investment vehicle that owns Ungaro, struck a deal with Italy's Aeffe SpA to relaunch its top line, and tapped up-and-coming Sicilian talent Fausto Puglisi as Ungaro’s new creative director.
Aeffe SpA, a company listed on the STAR Segment of Italian Bourse, controls the Alberta Ferretti, Moschino and Pollini brands, and produces and distributes collections for brands including Emanuel Ungaro and Cédric Charlier.