Fashion is the new business of Leonardo Maria Del Vecchio, heir to the Essilor Luxottica empire. Through Lmdv capital, the investment holding company fully backed by Del Vecchio, he has invested in Martel, a Parisian fashion house that will debut in late 2024 and offer luxury collections to a high-end international clientele. The heir Del Vecchio's diversified portfolio is not limited to fashion, however, but ranges from catering to hospitality to real estate. In fact, thanks to the Turati club and Smeraldo companies, bricks and mortar is confirmed as the holding company's second investment arm. In particular, investments in real estate in Milan currently amount to 50 million, with the goal of creating 7 thousand square meters of luxury residential solutions in the Milanese capital. Then there are the stakes in Italian companies such as Fiuggi and Leone Film Group or the attempt to enter the world of extreme racing in the E1 series and that of social and Artificial Intelligence with the launch of Wishew in the United States. The business model proposed by Leonardo Maria Del Vecchio, who is currently already chief strategy officer of the 95-billion-euro capitalization giant, is focusing media attention on itself because of the scale of operations and the people involved in its business choices.
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