Loro Piana died

The entrepreneur Sergio Loro Piana, CEO of the textile company of the same name, world leader in cashmere and one of the most representative expressions of Made in Italy, recently sold for 80%, passed away in Milan at the age of sixty-nine. to the French luxury giant LVMH. The man, who had been ill for some time, died in his Milanese home and left behind a wife and three children.

At the head of the historic group, founded by his grandfather, Pietro, Sergio Loro Piana, together with his brother Pier Luigi, had managed to transform the company into a true global icon of luxury. Just a few days ago the sale of the "family business to the French group Lvhm.