Although the exhibition surface and number of exhibitors were halved compared to pre-pandemic levels, the number of exhibitors at Milano Unica increased by 27 per cent to 270 from last September’s show as companies believed in a market rebound and remained committed to supporting the sector and the trade show.

As per a Women’s Wear Daily report, the fair drew 3,100 visitors, a 29 percent gain compared to September. Fabio Tamburini, CEO, otonificio Albini, was particularly impressed by the general upbeat mood, which he attributed to the company’s ability to stand by its clients during the pandemic.

The Albini Group unveiled e fruits of its recently inked “strategic alliance” with Beste: A selvedge denim range for its Albiate 1830 brand, whose success at the fair, according to Tamburini, exceeded expectations.

Como-based silk specialist Canepa recently revealed that the Muzinich Group will acquire a majority interest in the company through its investment vehicles Capital Solution ELTIF Azimut and Muzinich & Co. SGR for an undisclosed sum, while Michele Canepa — who returned to the company in 2019, fully acquiring it and subsequently filed a restructuring plan with the Court of Como — will retain a minority interest. The acquisition is expected to mark a turning point for the troubled company, covering existing debts and setting in motion its relaunch, which Canepa has spearheaded in the past two years.