Report: Trussardi Sought Creditor Protection in Turnaround Drive

Italy’s Trussardi has sought protection from creditors as it embarks on a fresh effort to turn around the embattled fashion brand, two sources close to the matter said on Monday.

Trussardi, whose clothes sport a greyhound logo, began life more than 100 years ago as a maker of leather gloves based in the northern town of Bergamo, near Milan.

Like other Italian brands that lost their shine in the new millennium as they struggled to keep up with…