June 11, 2021
Founded in October 2020 by investment funds VAM Investments, Fondo Italiano d’Investimento and Italmobiliare, the Florence Group is expanding its reach. The group has defined itself as “the leading manufacturing hub for Italian luxury apparel” and announced the acquisition of Manifatture Cesari, an Italian producer specializing in jersey fabrics, offering the best name in high-end fashion. did.
Manifatture Cesari was founded in 1988 by Stefano Romolini and Erika Cesari in Città di Castello, central Umbria, Italy. From product design to garment manufacturing, including fabric weaving, printing and decoration, we are active in the entire range of jersey manufacturing. .. Manifatture Cesari and three other companies, Romelini Srl Max ConfSrl for garment manufacturing and Red PixelSrl for decoration of finished products. Overall, Manifatture Cesari employs more than 100 people and covers an area of 7,000 square meters.
“This business was funded by a capital increase by the Lomorini family and further investment in the Florence Group,” the group said in a press release without revealing the numbers.
Manifatture Cesari has partnered with three Tuscan-based textile makers that created the Florence Group: Giuntini SpA (outerwear and light fabrics), Ciemmeci Fashion Srl (leather and fur) and Mely’s Maglieria Srl (knitwear). I am. The Romolini family is now a shareholder of the group and is part of another founding family with a 35% stake.
“This company, which specializes in the manufacture and processing of jersey fabrics, has added a key partner to its original goal of being able to cover all the product categories that fashion collections normally make up,” said former Bulgari and LVMH. director Francesco Trapani, President of Florence Group, led by Attila Kiss.
“We aim to create a state-of-the-art platform at the global level to supply Italian products manufactured to the highest standards of the world’s most famous labels,” said Trapani. However, the Florence Group does not consider itself simply a manufacturing hub. “Through innovative methodologies and the use of digital machines,” the group also aims to be “the center of creative know-how and advanced capacity.”
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Luxury fashion production specialist Florence Group acquires manufacturer sesari
Source link Luxury fashion production specialist Florence Group acquires manufacturer sesari