The patron saint of Schio is Saint Peter, celebrated on 29 June in the town's duomo, dedicated to the saint since its ancient founding and rebuilt in neoclassical form between the 18th and 19th centuries; the building stands atop the Gorzone hill, one of the town's most representative monuments together with the castle and the Omo, the famous fascist-era tower.
In 2022 the town was named after its most illustrious citizen, Alessandro Rossi, who in the mid-19th century took control of his family's wool mill, founded in 1817, and turned it into Italy's largest wool-manufacturing business, spurring the growth in Schio of other wool mills and related activities such as shuttle production and mechanical industry. Rossi did not limit himself to making his industries prosper, but gave a decisive contribution to the town's social and urban development, founding among other things the Asilo Rossi nursery school in 1872. Among the industrial buildings of that era stands out the Fabbrica Alta, an imposing 1862 plant designed by Auguste Vivroux. In 1945 Lanerossi was targeted by Allied bombing, while in Schio a partisan movement of some importance had developed, organised into the «Ateo Garemi» and «Martiri della Val Leogra» formations, which liberated the town on 29 April of that year.