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Venezuela Continues Search For Fashion Boss Missoni's Missing Plane

2013-01-07 67 Dailymotion

<p>Venezuelan search and rescue teams embarked on a third day of operations on Monday (January 7) as the search continues for Italian fashion executive Vittorio Missoni after his plane disappeared off the coast of Venezuela.<br /><br />The small twin-engine plane carrying Missoni, his wife, another couple and two Venezuelan crew members went missing on Friday after taking off from a resort.<br /><br />Italian media have suggested Missoni, his wife and their friends may have been kidnapped.<br /><br />Missoni is the oldest son of the founders of the fashion house famous for its exuberantly colored knits, featuring bold stripes and zigzag patterns.<br /><br /> He is co-owner with siblings Luca and Angela, who handle the technical and design sides of the firm.<br /><br />A Missoni spokeswoman said the decision about whether Missoni will go ahead with its Milan fashion show on Jan. 13 has yet to be made.<br /><br />The fashion house posted sales of 70 million euros ($91 million) in 2011, making it one of Italy's smaller fashion houses.<br /><br />Gianni Versace, for example, had revenue of 340 million euros in 2011, and Giorgio Armani had 1.8 billion euros. ($1 = 0.7666 euros).</p>

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