Marco De Vincenzo Parts Ways With Etro After Nearly Four Years

Etro and Marco De Vincenzo have parted ways after nearly four years, the Italian house confirmed on March 12. The decision, described as mutual, "aligns with a new strategic phase for the brand," according to Etro's statement. A successor has not been named.

De Vincenzo joined Etro from Fendi in June 2022, bringing with him fourteen years of experience as head of leather goods at the Roman house. He was charged with overseeing women's and men's collections as well as home, and quickly committed to the bohemian maximalism that has long defined Etro's DNA. As Vogue observed, he "revelled in Etro's signature patterns and codes, leaning into the maximalism upon which the brand was built." His final collection, Fall/Winter 2026, was characteristically unapologetic. "Its bohemian side resurfaces, hyper-colored, maximalist, a little mad," he told Vogue Runway.

Etro credited De Vincenzo with making "a significant contribution to the evolution of the house's aesthetic language" and guiding the company through "a significant phase of growth and stylistic renewal." The house's full statement, as reported by WWD's Sandra Salibian from Milan, read: "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." The maison added that it "looks to the next developments with confidence, continuing its journey of enhancing its lifestyle identity and creative heritage."

The departure lands just months after a significant reshaping of Etro's ownership structure. In December 2025, the founding family's holding company Gefin sold its minority stake, just under one third of the business, to a pool of investors: Turkish real estate developer Rams Global, Mathias Facchini of clothing and textile wholesaler Swinger International, and banker Giulio Gallazzi via advisory firm SRI Group. The group acted in agreement with L Catterton, the private equity firm that acquired a majority stake in Etro in July 2021 and remains the majority shareholder today. CEO Fabrizio Cardinali, appointed following the L Catterton acquisition, continues in his role. Faruk Bülbül, representing Rams Global, will be appointed chairman of the board of directors.

Before Etro, De Vincenzo had put his own eponymous label on hold in 2020 after building it alongside his Fendi tenure. What comes next for him remains unannounced. For Etro, the more pressing question is who will inherit a house mid-transition, with new investors, a new board chairman, and a creative chair left conspicuously empty.