Rossi was admitted to hospital a few days ago in Cesena, a city in Emilia-Romagna, one of the regions hardest hit by the coronavirus pandemic.
He, however, died on Thursday in the hospital.
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Riccardo Sciutto, the Chief Executive of the Sergio Rossi Company, announcing Rossi’s death on Friday, told the fashion website Women’s Wear Daily: “He was a master, it was a great pleasure to have met him. He was our spiritual guide and he is today more than ever.”