Home News Sold the brand Sergio Rossi
10 December 2015

Sold the brand Sergio Rossi

At last came the sale of Sergio Rossi. She spent the brand's footwear property kering byInvestindustrial luxury. Italian investment company, as stated in a joint note spread in the morning, acquired 100% stake of the brand, which has long assumed a step by hand.Recently, he had been the President of the French giant François-Henri Pinault to argue that"the supply is one of the options".

The operation, whose financial terms were not given, includes all industrial assets of Sergio Rossi, rights connected to the brand and the entire distribution network, which today has over 80 stores in Emea, America, South East Asia and Japan. The goal of the deal is"supporting the brand solidly and with long-term growth perspective," and accelerateinternational expansion and improving operational efficiency.

Market sources would indicate approximately 100 million investment on the part of Italian society. The consolidated financial statements of 2014 by Sergio Rossi showed a turnover of82 million

The sale comes after a long period of rumors about the sale. Among the latest news which were circulated, there was talk of an interest also from Emerisque. To win the brand was the company led by financier milanese Andrea Bonomi, which already handles brands like Stroili, Aston Martin, Ducati, Italy bed and breakfast and Flos and that with this additionaltransaction confirms the desire to build its pole of made in Italy.

Sold the brand Sergio Rossi
SUBSCRIBE TO THE NEWSLETTER

Unmissable opportunities and
absolute novelties

Stay up to date on the world of Manichini Store and.. Don't worry, we hate spam too

References