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Style Capital buys Alessandro Dell'Acqua's Milan label N21
The Milan investment firm behind MSGM, Zimmermann, Soeur and Autry acquired N21 without disclosing terms; Dell'Acqua stays as creative director while industrial partner Gilmar exits.
Milan-based investment firm Style Capital has acquired N21, the Italian fashion label founded by designer Alessandro Dell’Acqua in 2010, The Business of Fashion reported on Monday.
The deal
- Financial terms were not disclosed; Style Capital described it as a “complex corporate transaction” without explaining the structure.
- Dell’Acqua remains creative director, while N21’s long-standing industrial partner Gilmar leaves the business.
- Style Capital, which invests in fashion and lifestyle brands, already owns stakes in MSGM, Zimmermann, Soeur and Autry.
What comes next
The firm said it wants to support N21’s international expansion with strategic, managerial and industrial expertise. The brand is currently sold in more than 250 multibrand stores worldwide.
Dell’Acqua was creative director of the Paris house Rochas until 2019 and briefly oversaw womenswear at Brioni.
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