×
1 716
Fashion Jobs
L'OREAL GROUP
Account Executive - Vichy
CDI · Vancouver
BANANA REPUBLIC
General Manager- Ajax Durham Centre
CDI · Ajax
CLINIQUE
Clinique - Consultant - Northshore - Montreal, qc
CDI · Montreal
CLINIQUE
Associate Consultant - Clinique - Calgary, ab
CDI · Calgary
ADIDAS
Senior Manager, Merchandising
CDI · Vaughan
ADIDAS
Business Development Coordinator
CDI · Vaughan
GAP INC
Operations Manager - Distribution
CDI · Brampton
OLD NAVY
General Manager - Preston Crossing - Saskatoon, Saskatchewan
CDI · Saskatoon
TJX COMPANIES INC.
Buyer Administrative Assistant - 1 yr Contract
CDI · Mississauga
PVH
National Sales Manager - Dress Furnishings Business
CDI · TORONTO
OLD NAVY
Loss Prevention Agent - Sunridge Mall
CDI · Calgary
OLD NAVY
Assistant General Manager, Merchandising - Manning Town Centre (New Store)
CDI · Edmonton
TOM FORD BEAUTY
Brand Manager - Tom Ford, by Killian, Frederic Malle & le Labo
CDI · Toronto
BANANA REPUBLIC
General Manager- Market Mall
CDI · Calgary
BANANA REPUBLIC
District Manager- Vancouver
CDI · Vancouver
FOOT LOCKER
Overnight Assistant Operations Manager
CDI · Toronto
LULULEMON
General Manager Houston Texas United States Gérant Adjoint de Magasin
CDI · Laval
PUMA
Manager, Merchandising -Footwear
CDI · Toronto
ESTÉE LAUDER
Director, Field Sales - Estee Lauder Companies
CDI · TORONTO
BANANA REPUBLIC
General Manager- Fairview Park Mall
CDI · Kitchener
GAP
General Manager- Fairview Mall
CDI · Toronto
GAP
General Manager East Gta
CDI · Toronto

Italian fashion brands Liu Jo and Blumarine aim for IPO within two years

By
Reuters API
Published
today Feb 13, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

The holding company of Italian fashion brands Liu Jo and Blumarine aims to list on the stock market within two years, chief executive and founder Marco Marchi said on Thursday.




Marchi bought higher-end brand Blumarine last November and created a holding company, Eccellenze Italiane Holding EIH, to manage the two brands.

"The project to create a holding company and buy another brand stems from the awareness that Italy's fashion industry has great potential but sometimes is penalized by managerial or financial deficiencies," Marchi said at an industry event in Milan.

He later told reporters the group was not yet ready for an IPO but that he thought one would be possible within two years.

Marchi set up Liu Jo with his brother Vannis in 1995 in the northern town of Carpi, an area with a long tradition in knitwear.

Sales at Liu Jo, positioned in the medium-high sector of the fashion market, reached about 400 million euros ($435 million) last year, he said.

Blumarine, also based in Carpi, was set up in 1977 by Anna Molinari, who owned it until its sale to Marchi in November. The brand generated 33 million euros in revenues in 2018, according to the latest available company data.
 

© Thomson Reuters 2020 All rights reserved.