Italian fashion group Aeffe has appointed Riccardo Bagolin as its new General Manager, underscoring the company’s commitment to its ongoing transformation and strengthening operational foundations. The appointment took effect on June 3, 2026, as the group implements strategic measures to secure long-term stability and growth.
Bagolin joins Aeffe with extensive experience in fashion, textile, and retail sectors, having held senior leadership roles at major companies including OVS and Stefanel. He has worked across European and Asian markets, developing expertise in operational management, supply chain optimisation, organisational restructuring, and industrial development.
In his new role, Bagolin will support the management of Aeffe Group and its footwear brand Pollini. Working closely with Chief Restructuring Officer Stefano Falliti, he will coordinate the company’s turnaround strategy and oversee key transformation initiatives to enhance efficiency and competitiveness.
His track record includes leading large organisational streamlining projects, modernising operational processes, and managing complex corporate restructuring programs. These experiences will be valuable as Aeffe addresses challenges and pursues a sustainable path forward.
The appointment comes during a significant period for the group, which owns internationally recognized fashion labels including Alberta Ferretti, Moschino, and Philosophy. Recently, Aeffe engaged in a negotiated crisis-resolution process that led to workforce restructuring affecting operations in Milan and San Giovanni in Marignano.
Bagolin’s arrival is seen as part of a broader effort to reposition the company for the future. His operational expertise and experience in corporate transformation align with the group’s goal of improving performance while preserving its fashion portfolio.
The leadership change also coincides with ongoing discussions regarding the company’s ownership structure. Investment firm Oxy Capital recently submitted a non-binding proposal to acquire full control of Aeffe through a consortium of financial and industrial partners. The proposal is expected to progress through further negotiations in the coming months, with completion targeted by the end of the 2026 financial year.
As Aeffe continues restructuring, appointing Riccardo Bagolin marks an important step in reinforcing leadership, streamlining operations, and preparing for the next phase of development in the global fashion industry.
