A new beginning in the name of excellent design, creativity, craftsmanship, entrepreneurship, and timeless beauty. Italian Design Brands evolves, changes its name, and becomes Dexelance. The new brand and identity, designed to highlight the Group's new positioning and underline its increasingly international profile, were presented today at the Triennale di Milano.

We are proud to announce that IDB ranked first in the category 'Fundraising on the stock market', among the 110 companies nominated for the 'Prize for the best capital market strategy'. The award, promoted by Equita under the patronage of Università Bocconi and Borsa Italiana, aims to reward the operations that have stood out in the Italian capital market for originality and strategic effectiveness.

We are very proud to announce that yesterday marked the grand opening of our brand-new headquarters in New York, in conjunction with two extraordinary flagship stores dedicated to Meridiani and Davide Groppi. This incredible space, spanning two levels designed by Andrea Parisio the artistic director of Meridiani - situated between the renowned Lexington Avenue and 32nd Street - will serve as the beating heart for presenting the exclusive residential and contract collections of the two brands.