Michele Norsa

By Colleen Barry, AP MILAN--It's back to the basics for the Italian fashion scene. Major players gathered here Tuesday for an industry summit say the world economic crisis has pushed the fashion industry to the brink, and called for -- gasp! -- a return to normal, an embrace of the boring. Participants including CEO Andrea Guerra of the Luxottica eyewear company and Ferragamo CEO Michele Norsa said the key to survival is to concentrate on...  

The Florence, Italy-based company may start stores in those locations in the next 6 to 18 months, adding to planned ones in China and the U.S., Chief Executive Officer Michele Norsa said in an interview in Hong Kong. The board meets today to review ...