Ferrari Fashion Offshoot Accelerates Luxury Grid
After years of experimentation, research, and development, Rocco Iannone has propelled Ferrari’s fashion offshoot into the luxury market. Instead of following the footsteps of established fashion competitors, the brand has carved out its own unique path.
Speaking at Ferrari’s Milan showroom, Iannone emphasized the importance of understanding the brand’s fashion customer. After initially struggling to define its identity, the fashion offshoot is now leveraging Ferrari’s existing image, which generates an annual revenue of around $7 billion and has earned the company the title of Interbrand’s fastest-growing company in 2024.
The latest collection reflects a deep understanding of Ferrari’s clientele. Iannone plans to showcase the collection at Ferrari events in Monaco, Silverstone, and Austin, with flagship store openings in New York and London. A recent pop-up store event in Las Vegas saw tremendous success, indicating a strong connection with consumers.
Like Ferrari’s core products, Iannone’s collection exudes speed, sexiness, and boldness. Each phase of the collection is inspired by the circuit locations where they will be unveiled. From uptown oversized tailoring to mod-inspired outerwear, the pieces reflect the essence of Ferrari’s racing heritage. Knits made from recycled tires and leather jumpsuits add a unique flair to the collection.
About 50% of sales come from Ferrari car owners, while the rest are purchased by enthusiasts. Iannone emphasizes the importance of creating meaning and connecting with the community to truly resonate with consumers. By staying true to Ferrari’s distinct identity, the fashion offshoot continues to gain traction in the luxury market.
With ongoing refinement and innovation, Ferrari’s fashion offshoot is set to maintain its position as a globally recognized luxury brand that embodies the essence of the iconic car manufacturer.