Cover Johnathan Hanh Nguyen brings Stefano Ricci from Florence to Vietnam

Johnathan Hanh Nguyen ushers Stefano Ricci from Florence to Vietnam, aligning with the rise of “quiet luxury” and curating an elevated shopping experience for the nation’s elite.

As “quiet luxury” takes centre stage among the global elite, Vietnam is undergoing its own transformation in both aesthetic appreciation and consumer sophistication. With an astute eye for such shifts, Mr Johnathan Hanh Nguyen, Chairman of IPPG Group, has charted a visionary course to bring Stefano Ricci, the esteemed Florentine menswear house celebrated for its commitment to refinement and discretion, to the Vietnamese market. Through DAFC’s stewardship, this endeavour signals a redefinition of luxury experience tailored to a new generation of connoisseurs. From architecture to attitude, every element is designed to speak to the values of craftsmanship, heritage and prestige.

Tatler Vietnam delves into this significant collaboration and the story behind it.

Read more: Met Gala 2025 – Alicia Keys, Doja Cat and a host of stars steal the spotlight on the red carpet

Strategic vision of Mr Johnathan Hanh Nguyen

Recognising the growing appetite for personalisation, artistry and sophistication in global menswear, Mr Johnathan Hanh Nguyen had long foreseen the opportunity to bring Stefano Ricci to Vietnam. A dedicated patron of the brand for over a decade, he understands intimately its life philosophy, the rigour behind its craftsmanship, and the elevated standards it upholds.

As the figure shaping the development of Vietnam’s ultra-luxury landscape, Mr Nguyen has steered IPPG into a pioneering role, laying the foundation and guiding the market forward. The task of realising this vision fell to DAFC, a group subsidiary specialising in luxury brand operations. With more than 60 prestigious names in its portfolio, DAFC continues to play a crucial role in establishing a sophisticated retail ecosystem and setting new benchmarks for the Vietnamese market.

Tatler Asia
Above For Mr Nguyen, success lies not only in bringing luxury labels to Vietnam, but in allowing their values to resonate

For Mr Nguyen, success lies not only in bringing luxury labels to Vietnam, but in allowing their values to resonate, cultivating emotional connection through immersive experience and shared identity.

A brand, a space crafted like a work of art

This is no ordinary brand partnership. The path to bringing Stefano Ricci to Vietnam spanned over two years and involved a meticulous, criteria-driven process.

Stefano Ricci is exacting in its selection of partners, preferring mature markets that can faithfully reflect the spirit of Florence, the city of its origin. Even the choice of flagship store location must meet stringent cultural, historical and architectural considerations.

Tatler Asia
Above The path to bringing Stefano Ricci to Vietnam spanned over two years and involved a meticulous, criteria-driven process
Tatler Asia
Above For Mr Nguyen, success lies not only in bringing luxury labels to Vietnam, but in allowing their values to resonate
Tatler Asia
Above For Mr Nguyen, success lies not only in bringing luxury labels to Vietnam, but in allowing their values to resonate

Each flagship must fulfil a precise vision—a prestigious address, expansive layout, architectural finesse, and carefully curated interiors. All elements must speak to the brand’s heritage and Florentine roots.

Read more: Is your designer handbag authentic?

Tatler Asia
Above After extensive negotiation and site visits, Vuon Hong at the Rex Hotel was selected for its storied position in the heart of District 1, Ho Chi Minh City
Tatler Asia
Above This historic setting offers more than location, it brings cultural resonance and aesthetic depth, making it an apt home for Stefano Ricci’s Vietnamese debut

After extensive negotiation and site visits, Vuon Hong at the Rex Hotel was selected for its storied position in the heart of District 1, Ho Chi Minh City. This historic setting offers more than location—it brings cultural resonance and aesthetic depth, making it an apt home for Stefano Ricci’s Vietnamese debut.

Tatler Asia
Above In partnership with Rex Hotel, DAFC undertook a significant renovation of the Rose Garden, transforming it into a space reminiscent of a Florentine villa
Tatler Asia
Above Every detail, from design to material, was sourced and crafted in Italy, echoing the brand’s essence amid the vibrancy of Saigon
Tatler Asia
Above Every detail, from design to material, was sourced and crafted in Italy, echoing the brand’s essence amid the vibrancy of Saigon

In partnership with Rex Hotel, DAFC undertook a significant renovation of the Rose Garden, transforming it into a space reminiscent of a Florentine villa. Every detail, from design to material, was sourced and crafted in Italy, echoing the brand’s essence amid the vibrancy of Saigon.

Stefano Ricci—the spirit of Florence for men who lead the age

It is little wonder that Stefano Ricci has become the wardrobe of choice for heads of state, royalty, and global business icons. This is a brand created for men of depth and discernment, who value refinement and unspoken prestige. Every suit, tie, or shoe from Ricci is not merely worn—it expresses character, stature and a certain worldview.

Tatler Asia
Above The Stefano Ricci boutique blends traditional Italian artisanship with a bespoke client experience
Tatler Asia
Above This is a sanctuary where guests engage with heritage, converse with experts, and craft pieces that reflect their narrative

Vietnamese gentlemen need no longer journey to Florence to enter the world of Ricci. The Stefano Ricci boutique, nestled within the Rose Garden at the Rex Hotel, blends traditional Italian artisanship with a bespoke client experience. More than a shopping destination, this is a sanctuary where guests engage with heritage, converse with experts, and craft pieces that reflect their narrative.

Tatler Asia
Above DAFC now invites discerning men on a voyage through the Stefano Ricci legacy
Tatler Asia
Above Fashion becomes the art of living, shaped by personality and presence

DAFC now invites discerning men on a voyage through the Stefano Ricci legacy—where fashion becomes the art of living, shaped by personality and presence.

NOW READ

Feminism’s mark in contemporary fashion history

The hooded dress—a symbol of feminine soft power

What ambitions lie behind Gentle Monster’s latest moves?

Credits

Images: Stefano Ricci

Topics