>> MODA OPERANDI —When IT Holding filed for the Italian equivalent of bankruptcy in late February, casualties were to be expected among its fashion brands Malo and Gianfranco Ferre, not to mention its licenses.  Malo was shown in Milan as a small presentation soon after, instead of a full runway show in New York like seasons past — and the clothes couldn't hold a candle to the stunning collection designer Alessandro Dell'Acqua did for Spring 2009 back in September.  Now, the casualty is pretty clear — Dell'Acqua is leaving the brand after less than a year, and going forward, the line will be designed by a team, with a focus on its core knitwear identity. [WWD]