Italy
Golden Goose with major investment from Permira Funds
A company backed by Permira funds has agreed to acquire Carlyle’s majority stake in Golden Goose
Lineapelle and Simac to take place as scheduled
The Milan-based trade shows have issued a statement in the light of the current Coronavirus reaffirming the intention to go ahead with the events as initially planned
Tod's closes the year with 2.6% decline in sales
The luxury shoes and leather goods company announced declining sales for 2019 (-2.6%). However, the business started to pick up in the last quarter with an improvement in the revenue trend
Sales up by 2.3% at Salvatore Ferragamo
The Italy-based luxury sector player released the Group’s Preliminary Consolidated Revenue for Fiscal Year 2019, which amount to 1,377 million Euros up 2.3% at current exchange rates and 1.3% at constant exchange rates
Geox: sales down in 2019 and a complex context
The brand’s revenue amounted to 805.9 million euros in 2019, decreasing by 2.6%. Revenue from the footwear segment, which accounts for 89.4% of the consolidated turnover, totalled 720.8 million euros, down by 3.1%
Sports footwear under the spotlight during Micam
The organisers of the Milan trade fair have announced that the area dedicated to sports and outdoor shoes is back again, following the debut in the last edition and in line with market trends and the growing demand of buyers
UNIC launches Real Leather is Real Sustainability campaign
A three-year long worldwide campaign communicating and promoting at 360 degrees the excellence of leather. Real Leather is Real Sustainability is the motto
Siro Badon: the online is a showcase of our products
We spoke with Siro Badon, President of Assocalzaturifici, to discuss some of the pressing issues of the moment within the footwear industry
Saint Laurent to open new leather goods factory in Italy
French luxury brand Saint Laurent, which belongs to the Kering group, will open a new location for handbags and wallets near Florence
2019: the highs and lows of the Italian industry
Assocalzaturifici gives a snapshot of the current state of the industry emerging from a survey focused on the first nine months of 2019 conducted by the Confindustria Moda Research Centre
LVMH acquires stake in Masoni tannery
The French-based luxury group acquired a minority stake in the Santa Croce sull'Arno (Florence) tannery Masoni Industria Conciaria SpA stock package. The deal was made through the LVMH division Métiers d' Art
Matteo Pasca: I don’t see a revolution in the industry
We spoke with Matteo Pasca, CEO at ARSUTORIA School and CEO at Edizioni AF, to discuss the pressing issues of the footwear industry. Watch the second part of the interview
Matteo Pasca: companies are looking for more than technical skills
We spoke with Matteo Pasca, CEO at ARSUTORIA School and CEO at Edizioni AF, to discuss training, skills and people
Several bidders for sneaker brand Golden Goose
Permira and VF are amongst the list of interested. This follows Golden Goose owner Carlyle invitation for the submission of non-binding offers by mid-December
Cavalli has a new owner
Hussain Sajwani's investment company Vision Investments has announced that it has completed the acquisition of the Italian fashion company from the fund Clessidra-
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