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    1. Home
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    3. >Ferrari, parent Exor clinch alliance with former Apple designer Jony Ive
    Finance

    Ferrari, Parent Exor Clinch Alliance With Former Apple Designer Jony Ive

    Published by maria gbaf

    Posted on September 28, 2021

    3 min read

    Last updated: February 1, 2026

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    Featured image showcasing Ferrari's logo, symbolizing the new alliance with Jony Ive and Exor. This partnership aims to explore innovative luxury projects in automotive design and beyond.
    Luxury car Ferrari logo with Jony Ive and Exor partnership announcement - Global Banking & Finance Review
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    Quick Summary

    Ferrari and Exor join forces with Jony Ive for luxury design projects, aiming to expand their brand into fashion and dining.

    Ferrari and Exor Form Alliance with Designer Jony Ive

    By Giulio Piovaccari

    MILAN (Reuters) -Italian luxury car maker Ferrari and its parent company Exor, the holding vehicle of the Agnelli family, are joining forces with with Jony Ive, the creative mind behind many of Apple’s iconic products, and fellow designer Marc Newson.

    The duo – who together developed Apple Watch – belong to the LoveFrom creative collective of designers, architects writers, engineers and artists based in London and California.

    LoveFrom will explore “a range of creative projects with Exor in the business of luxury” in addition to the collaboration with Ferrari, the companies said in a joint statement on Monday. The partnership is a multi-year deal.

    A Ferrari spokesman said the pair will have a broad remit – potentially involving both car designs and other businesses including fashion.

    Ive had been mentioned in the Italian press among possible candidates to replace Louis Camilleri when he suddenly stepped down as chief executive of Ferrari last year.

    In the end Ferrari turned to technology industry veteran Benedetto Vigna to drive the luxury sports car maker known for its roaring, high-octane engines into a new era of silent, electric powertrains.

    In a sign of its ambition to widen the appeal of its brand, Ferrari in June unveiled its first in-house fashion collection and inaugurated a new restaurant in its hometown of Maranello. It hopes its brand extension strategy will account for 10% of its profits in a decade.

    Meanwhile Exor has recently moved its first steps into luxury. Last year it became the largest shareholder in Chinese luxury group Shang Xia, co-founded by France’s Hermes, and in March it took a 24% holding in high-end shoemaker Louboutin for 540 million euros.

    More recently, it entered a partnership to invest in Italian high-end consumer goods with The World-Wide Investment Company Ltd, one of Hong Kong’s oldest family offices.

    With a financial war chest of 2.5 billion euros available for acquisitions to 2023, Exor is often mentioned as a potential partner for bigger fashion brands such as Giorgio Armani.

    London-born Ive, 54, left Apple in 2019 after 27 years, having played a big role in the designs of the iMac and MacBook computers as well as the iPod, iPhone and iPad. Newson, an Australian, has designed everything from Qantas business class seats to Nike sneakers.

    (additional reporting by Elisa Anzolin; editing by Silvia Aloisi and David Gregorio)

    Key Takeaways

    • •Ferrari and Exor partner with Jony Ive and Marc Newson.
    • •The collaboration focuses on luxury design projects.
    • •Ferrari aims to expand its brand into fashion and dining.
    • •Exor invests in luxury brands like Shang Xia and Louboutin.
    • •Jony Ive's design legacy includes iconic Apple products.

    Frequently Asked Questions about Ferrari, parent Exor clinch alliance with former Apple designer Jony Ive

    1What is the main topic?

    The main topic is the partnership between Ferrari, Exor, and designer Jony Ive to explore luxury design projects.

    2Who are the key figures in the partnership?

    Jony Ive and Marc Newson are the key figures, collaborating with Ferrari and Exor.

    3What are Ferrari's brand expansion plans?

    Ferrari plans to expand its brand into fashion and dining, aiming for 10% profit from brand extensions in a decade.

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