Etro and its creative director, Marco De Vincenzo, have officially announced the end of their nearly four-year collaboration, effective March 12. A successor has yet to be named.
A Mutual Decision
According to the brand’s official statement, the decision was reached by mutual agreement and forms part of “a new strategic phase for the brand.”
In the statement, Etro credited De Vincenzo’s tenure, noting that he “led the brand’s creative direction, developing collections that interpreted and enhanced Etro’s identity codes, guiding the company through a significant phase of growth and stylistic renewal.”
The house also expressed its appreciation, stating: “Etro wishes to express its gratitude to Marco De Vincenzo for his dedication, professionalism, and creative contribution over the years, and extends its best wishes for his future projects.”
Four Years at Etro
De Vincenzo joined Etro in June 2022, having previously served as head of leather goods at Fendi from 2008 to 2022, alongside running his own eponymous label, which was put on hold in 2020. During his time at Etro, he consistently leaned into the brand’s maximalist DNA — building collections around the signature codes the house has cultivated since its founding in 1968, from bold paisley prints to richly layered patterns. Of his final collection, Fall/Winter 2026, De Vincenzo told Vogue Runway: “Its bohemian side resurfaces, hyper-colored, maximalist, a little mad.”
A New Ownership Structure and Strategic Shift
The departure comes amid significant changes in Etro’s ownership landscape. In December 2025, the minority stake previously held by the founding Etro family was acquired by a new group of investors — comprising Turkish real estate developer Rams Global, Mathias Facchini of Swinger International, and banker Giulio Gallazzi via Sri Group — marking the founding family’s full exit from a brand they had been associated with for over half a century. L Catterton, which acquired a majority stake in July 2021, remains the controlling shareholder and will continue to support the brand’s long-term growth strategy.
Faruk Bülbül, representing Rams Global, has been appointed chairman of the board of directors, while current CEO Fabrizio Cardinali continues to lead the execution of the strategic plan.
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