CoSTUME NATIONAL founders Ennio and Carlo Capasa have announced that they are leaving the brand they launched 30 years ago. “With contrasting feelings, we end the incredible creative process of this unique maison, hoping that the future will bring it more and more successes,” Carlo Capasa, who held the role of chief executive officer, told WWD. “We will continue following our passion through new creative initiatives.” No word yet on who will take the head creative or business spots at the Milan-based house.
The privately held brand, which currently maintains a number of collections, including Costume National, Costume National Men and CNC Costume National, was founded in 1986 by Ennio and Carlo Capasa, who respectively held the Creative Director and CEO roles. In 2010, Sequedge, a Japanese-Chinese merchant bank, acquired a 17% stake in the company with the opportunity to double their stake by the end of 2011.