Companies

Hermès takes a minority stake in the Italian cashmere maker Lanificio Colombo

Nov 14, 2025 France

As part of its strategy to strengthen vertical integration, the French luxury group has acquired a 15% stake in the Italian manufacturer of cashmere and other noble fibres Lanificio Colombo

According to confirmation obtained by WWD, Hermès has acquired a 15% stake in Lanificio Colombo, a Piedmont-based textile manufacturer. Renowned for producing cashmere and other fine fibres, including yangir, guanaco, vicuña and camel hair, Lanificio Colombo is already the supplier of some of Hermès’ most exquisite shawls and knitwear.

This deal forms part of the group’s long-term vertical integration strategy. Rather than relying solely on external suppliers, Hermès has sought strategic partnerships and minority shareholdings to ensure consistent quality across its range of activities.

The company also owns minority stakes in Pierre Hardy, the eponymous brand of its shoe designer, and in Vaucher Manufacture Fleurier, a producer of high-end mechanical watch movements and modules.

Founded in 1967 by Luigi Colombo, Lanificio Colombo is currently managed by the second and third generations of the Colombo family. With two sites in Borgosesia and Ghemme, Italy, in 2024, the company reported revenue of around 100 million euros and a net profit of 7.9 million euros.

Although the terms of the deal were not disclosed, it is known that the governance structure will remain unchanged, with the Colombo family retaining control and Hermès joining as a strategic partner.

Image Credits: luxurytribune.com

France Italy Acquisitions Companies Hermès Luxury