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The Marzotto Group is an Italian textile manufacturer, based in Valdagno. Created in 1836 as the Lanificio Luigi Marzotto & Figli. In 2005 Marzotto Group's textile business separated from Valentino Fashion Group. The Group manufactures woollen and cotton yarns for clothing, and through equity investments, woollen yarns for knitwear, linen yarns ...
The Marzotto family, which controlled Valentino through several holding companies, including Tidus Srl and PFC Srl, spun off its fashion assets in 2005 to create Valentino Fashion Group. [12] In 2006, Stefano Sassi was appointed as CEO, replacing Michele Norsa. [13] He would later be partially responsible for the brand's renaissance in the ...
The Valentino Fashion Group is an Italian consortium of luxury fashion companies currently owned by the Qatari royal family. In 2002, the Valentino fashion house was purchased by the Marzotto Group , [ 1 ] joining a group that included Hugo Boss , and licensed products for Gianfranco Ferre, M Missoni , and MCS Marlboro Classics. [ 2 ]
Later that year, the company was bought by a Japanese group. [31] After the Marzotto textile group acquired a 77.5% stake for $165,000,000 in 1991, [31] [32] the Hugo, Boss and Baldessarini brands were introduced in 1993. In the same year, the Holy-brothers left the company and Peter Littmann became the new Chairman of the Management Board.
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In 1987, Lanerossi was acquired by the competitor Marzotto Group, the current owner, with the consequent cancellation of the stock exchange. The brand has been active with a line of accessories and decorative fabrics. [2] Due to a joint venture with Marzotto group, Filivivi is the current licensee of the brand. [1]
Elon Musk's Department of Government Efficiency has sparked concerns within the intelligence community after it posted information about an agency that oversees U.S. intelligence satellites to its ...
Those in the lowest wealth group hold nearly three-quarters of their wealth in homes and vehicles. It may surprise some people, but real estate isn't the best long-term wealth builder. From 1990 ...