Fashion

Luxury production consortium Gruppo Florence expands via five acquisitions

The five new SMEs that have joined Gruppo Florence are: CAM, a family company based in Bergamo specialised in producing high-end apparel, led by Giorgio Corrente; Confezioni Elledue, founded in 1976 by Maria Grazia Livi near Arezzo, Tuscany, and Turin-based Frediani, a company founded in 1992 by Massimo Frediani, both outerwear producers, the former in the casual/sportswear segment, the latter in the couture one; Parmamoda, a former prototyping and model-making school set up in Parma in 1999 under the aegis of sisters Francesca and Giovanna Bertagna, which has evolved into in a high-end apparel producer with a site in Rovigo; and Pigolotti, a former garment manufacturer founded in 1976 in Perugia, now transformed into a maker of prototypes and samples. The founders of Gruppo Florence – investment funds VAM Investments, Fondo Italiano d’Investimento and Italmobiliare – hold a 65% stake in the luxury production consortium, while the remaining 35% is in the hands of the founding families and owners of the 12 companies acquired by Gruppo Florence. The consortium, headed by CEO Attila Kiss and President Francesco Trapani, generates a revenue of €145 millionคำพูดจาก สล็อตเว็บตรง. Through the latest and future new acquisitions, its revenue is expected to reach €400 million by the end of 2022, while employing over 2,000 people, as Gruppo Florence indicated in a press release.คำพูดจาก สล็อตเว็บตรง

The consortium’s other members are: knitwear manufacturer Metaphor; fabric producer Antica Valserchio; Giuntini, a producer of outerwear and light fabrics; Ciemmeci Fashion Srl, specialised in leather and fur; Mely’s Maglieria Srl, another knitwear producer; Manifatture Cesari, a jersey specialist; and Emmegi, a producer of outerwear and casual apparel. 

Related Posts

Europe, U.S. senator push back as Trump seeks lower EU tariffs

The EU is seeking to be exempted from planned U.S. import duties of 25 percent on steel and 10 percent on aluminium, but says Washington has not made…

Evo Fashion programme aims to empower sustainable labels, invites applications

Providing “high-impact training, valuable industry insights and networking opportunities”, the programme aims to “tackle the underlying challenges that emerging fashion labels face”คำพูดจาก สล็อตเว็บตรง. This includes difficulty in integrating…

CFDA creates new board, appoints new role to support Black industry talent

The CFDA announced that it has created a separate Black advisory board responsible for all CFDA efforts on inclusivity, diversity and equality. This board will be led by…

Plastic bags- no longer in fashion-

This month, Canadian footwear and accessories empire Aldo Group — whose brands include Aldo and Call It Spring — announced that it is phasing single-use shopping bags out…

Pentland Brands seeks new charity partners

Part of its “long-term ambition to take action for people and our planet”, the UK group behind a portfolio of sports, outdoor and lifestyle brands is calling on…

Bangladesh accuses 13 of negligence, murder over garment plant blast

Monday’s blast happened during maintenance work at a factory owned by Multifabs Ltd, whose top buyers include fashion chain Lindex, which is part of Finland’s Stockmann, German supermarket…