Altagamma Confirms Matteo Lunelli as Chairman and Welcomes 10 New Board Members
MILAN — Altagamma reconfirmed Matteo Lunelli as president of the association for the 2023 to 2025 triennium Lunelli , who is also president and CEO of Ferrari Trento sparkling wine, was first appointed to the role in December 2019, succeeding Andrea Illy.
At the same time, Altagamma renewed 30% of its governing bodies and appointed 10 new members, ranging from Lorenzo Bertelli (Head of Corporate Social Responsibility of the Prada Group) and Marco Gobbetti, Managing Director of Ferragamo, to Daniel Lalonde, CEO of Design Holding, and Benedetto Vigna, CEO of Ferrari.
Claudia D'Arpizio (Senior Partner, Bain & Company); Alfonso Dolce (CEO of Dolce & Gabbana); Ezio Indiani (general manager of the Hotel Principe di Savoia); Stefano Marini (CEO, Gruppo Sanpellegrino); Cristina Scocchia (CEO, Illycaffè) and Isabella Traglio (Deputy Managing Director of Vhernier) have also been appointed to the board.
Related GalleriesThe percentage of women has increased from 20% to 27% and the board reflects the diversification of the Altagamma sectors ranging from fashion, design and food to hospitality, automotive, boating and jewelry.
During the three-year period ending in 2022, the membership of Altagamma is went from 108 to 113 and that of the partners to 25 against 20.
"Despite the high volatility and discontinuity, the V-shaped recovery after 2020 surprised everyone, for its sudden and impetuous speed, leading to record gains for the industry in 2022,” Lunelli said in an interview.
As reported in November, according to the latest luxury study by Bain & Company in conjunction with the Fondazione Altagamma, the global luxury industry as a whole is expected to reach approximately €1.4 trillion in sales in 2022, up 21% from the previous year.
In particular, the personal luxury industry is poised to see revenue jump 22% to 353 billion euros in 2022 compared to 2021.
"These are incredible results, an all-time high," Lunelli said, "and the trend to growth is long term.”
"We went through challenges we never expected, and we saw a very strong cohesion between members and an increased interest in Altagamma, which has been very active. It is a place to exchange information in a difficult to read context, which makes Altagamma even more relevant. The difficult times have strengthened the unity of members of Altagamma and multiplied the opportunities for collaboration.”
Lunelli said he saw more interconnectedness between members and between sectors. For example, he cited Dolce & Gabbana and its CEO as a new board member, reflecting the trend for luxury brands to be active "in different sectors, from fashion to home, to food and drink".
Lunelli sees opportunities in potential new partnerships that lead to "new energy".
Sustainability, “paying attention to the environment and people is especially important now, at some point of social inequality,” he said.
Sustainability led to the creation of the Altagamma Values Charter, which was published in May 2022 on the occasion of the 30th anniversary celebrations of the foundation and handed over to...
MILAN — Altagamma reconfirmed Matteo Lunelli as president of the association for the 2023 to 2025 triennium Lunelli , who is also president and CEO of Ferrari Trento sparkling wine, was first appointed to the role in December 2019, succeeding Andrea Illy.
At the same time, Altagamma renewed 30% of its governing bodies and appointed 10 new members, ranging from Lorenzo Bertelli (Head of Corporate Social Responsibility of the Prada Group) and Marco Gobbetti, Managing Director of Ferragamo, to Daniel Lalonde, CEO of Design Holding, and Benedetto Vigna, CEO of Ferrari.
Claudia D'Arpizio (Senior Partner, Bain & Company); Alfonso Dolce (CEO of Dolce & Gabbana); Ezio Indiani (general manager of the Hotel Principe di Savoia); Stefano Marini (CEO, Gruppo Sanpellegrino); Cristina Scocchia (CEO, Illycaffè) and Isabella Traglio (Deputy Managing Director of Vhernier) have also been appointed to the board.
Related GalleriesThe percentage of women has increased from 20% to 27% and the board reflects the diversification of the Altagamma sectors ranging from fashion, design and food to hospitality, automotive, boating and jewelry.
During the three-year period ending in 2022, the membership of Altagamma is went from 108 to 113 and that of the partners to 25 against 20.
"Despite the high volatility and discontinuity, the V-shaped recovery after 2020 surprised everyone, for its sudden and impetuous speed, leading to record gains for the industry in 2022,” Lunelli said in an interview.
As reported in November, according to the latest luxury study by Bain & Company in conjunction with the Fondazione Altagamma, the global luxury industry as a whole is expected to reach approximately €1.4 trillion in sales in 2022, up 21% from the previous year.
In particular, the personal luxury industry is poised to see revenue jump 22% to 353 billion euros in 2022 compared to 2021.
"These are incredible results, an all-time high," Lunelli said, "and the trend to growth is long term.”
"We went through challenges we never expected, and we saw a very strong cohesion between members and an increased interest in Altagamma, which has been very active. It is a place to exchange information in a difficult to read context, which makes Altagamma even more relevant. The difficult times have strengthened the unity of members of Altagamma and multiplied the opportunities for collaboration.”
Lunelli said he saw more interconnectedness between members and between sectors. For example, he cited Dolce & Gabbana and its CEO as a new board member, reflecting the trend for luxury brands to be active "in different sectors, from fashion to home, to food and drink".
Lunelli sees opportunities in potential new partnerships that lead to "new energy".
Sustainability, “paying attention to the environment and people is especially important now, at some point of social inequality,” he said.
Sustainability led to the creation of the Altagamma Values Charter, which was published in May 2022 on the occasion of the 30th anniversary celebrations of the foundation and handed over to...
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