Latest news with #Lombardy-based
Fashion Network
6 days ago
- Business
- Fashion Network
Chanel strengthens its production network across the board in Italy
"We also support the members of our ecosystem of factories in securing their own network and production capacities," stressed the rue Cambon brand. In addition to the creation of the Volfoni tannery, this type of consolidation has also taken place in the knitwear sector. Paima hosiery, owned by Chanel since 2021, "took a majority stake in Samo Cotton hosiery". This hosiery, acquired in 2024, is located, like Paima, near Ancona in the Marche region. Similarly, in the footwear segment, the Group pointed out that Roveda, the company specialising in high-end women's footwear that it acquired in 2000, "has strengthened its expertise in the manufacturing of uppers thanks to the activities of Ibisco and Primula", two companies created in 2023. Since Roveda became 100% owned by Chanel, this family-run business founded in 1955 in Parabiago, not far from Milan, has modernised and grown significantly, becoming a strategic entity for the French group, while continuing to supply other international labels. Last year, Chanel, which also includes shoemakers Gensi Group, controlled by the French company since 2015 and which expanded its production site in 2024, and Nillab Manifatture (Calzaturificio Ballin), also took over the historic luxury shoe manufacturer Grey Mer, its supplier for thirteen years, based in San Mauro Pascoli, Emilia-Romagna. In the leather goods sector, the label invested in Lombardy-based Renato Corti in 2019 as well as in Mabi International, a producer of leather bags and accessories with two factories in Veneto and one in Tuscany, in whose capital it took a 100% stake in 2023. In addition, the group has interests in other sectors. In 2022, for example, Chanel acquired 60% of jeans specialist FashionArt, and in 2023 took a minority stake in Marche cashmere spinning mill Cariaggi Lanificio. In 2020, it had already acquired the Piedmont-based producer of fancy wool yarns Vimar 1991, invaluable to the creation of its signature tweeds. In silk, beyond Mantero Seta, it has also secured the services of Como-based weaver Biseta, in which it acquired a 100% stake last year. Finally, in early 2025, it took a minority stake in Tuscan costume jewellery and metal accessories specialist Leo France. The Group has been present in Italy since 1986, and at December 31, 2024 counted twenty-nine subsidiaries in the country, active not only in manufacturing, but also in sales, marketing, distribution and logistics, employing over 2,500 people.
Fashion Network
6 days ago
- Business
- Fashion Network
Chanel strengthens its production network across the board in Italy
"We also support the members of our ecosystem of factories in securing their own network and production capacities," stressed the rue Cambon brand. In addition to the creation of the Volfoni tannery, this type of consolidation has also taken place in the knitwear sector. Paima hosiery, owned by Chanel since 2021, "took a majority stake in Samo Cotton hosiery". This hosiery, acquired in 2024, is located, like Paima, near Ancona in the Marche region. Similarly, in the footwear segment, the Group pointed out that Roveda, the company specialising in high-end women's footwear that it acquired in 2000, "has strengthened its expertise in the manufacturing of uppers thanks to the activities of Ibisco and Primula", two companies created in 2023. Since Roveda became 100% owned by Chanel, this family-run business founded in 1955 in Parabiago, not far from Milan, has modernised and grown significantly, becoming a strategic entity for the French group, while continuing to supply other international labels. Last year, Chanel, which also includes shoemakers Gensi Group, controlled by the French company since 2015 and which expanded its production site in 2024, and Nillab Manifatture (Calzaturificio Ballin), also took over the historic luxury shoe manufacturer Grey Mer, its supplier for thirteen years, based in San Mauro Pascoli, Emilia-Romagna. In the leather goods sector, the label invested in Lombardy-based Renato Corti in 2019 as well as in Mabi International, a producer of leather bags and accessories with two factories in Veneto and one in Tuscany, in whose capital it took a 100% stake in 2023. In addition, the group has interests in other sectors. In 2022, for example, Chanel acquired 60% of jeans specialist FashionArt, and in 2023 took a minority stake in Marche cashmere spinning mill Cariaggi Lanificio. In 2020, it had already acquired the Piedmont-based producer of fancy wool yarns Vimar 1991, invaluable to the creation of its signature tweeds. In silk, beyond Mantero Seta, it has also secured the services of Como-based weaver Biseta, in which it acquired a 100% stake last year. Finally, in early 2025, it took a minority stake in Tuscan costume jewellery and metal accessories specialist Leo France. The Group has been present in Italy since 1986, and at December 31, 2024 counted twenty-nine subsidiaries in the country, active not only in manufacturing, but also in sales, marketing, distribution and logistics, employing over 2,500 people.
Fashion Network
6 days ago
- Business
- Fashion Network
Chanel strengthens its production network across the board in Italy
"We also support the members of our ecosystem of factories in securing their own network and production capacities," stressed the rue Cambon brand. In addition to the creation of the Volfoni tannery, this type of consolidation has also taken place in the knitwear sector. Paima hosiery, owned by Chanel since 2021, "took a majority stake in Samo Cotton hosiery". This hosiery, acquired in 2024, is located, like Paima, near Ancona in the Marche region. Similarly, in the footwear segment, the Group pointed out that Roveda, the company specialising in high-end women's footwear that it acquired in 2000, "has strengthened its expertise in the manufacturing of uppers thanks to the activities of Ibisco and Primula", two companies created in 2023. Since Roveda became 100% owned by Chanel, this family-run business founded in 1955 in Parabiago, not far from Milan, has modernised and grown significantly, becoming a strategic entity for the French group, while continuing to supply other international labels. Last year, Chanel, which also includes shoemakers Gensi Group, controlled by the French company since 2015 and which expanded its production site in 2024, and Nillab Manifatture (Calzaturificio Ballin), also took over the historic luxury shoe manufacturer Grey Mer, its supplier for thirteen years, based in San Mauro Pascoli, Emilia-Romagna. In the leather goods sector, the label invested in Lombardy-based Renato Corti in 2019 as well as in Mabi International, a producer of leather bags and accessories with two factories in Veneto and one in Tuscany, in whose capital it took a 100% stake in 2023. In addition, the group has interests in other sectors. In 2022, for example, Chanel acquired 60% of jeans specialist FashionArt, and in 2023 took a minority stake in Marche cashmere spinning mill Cariaggi Lanificio. In 2020, it had already acquired the Piedmont-based producer of fancy wool yarns Vimar 1991, invaluable to the creation of its signature tweeds. In silk, beyond Mantero Seta, it has also secured the services of Como-based weaver Biseta, in which it acquired a 100% stake last year. Finally, in early 2025, it took a minority stake in Tuscan costume jewellery and metal accessories specialist Leo France. The Group has been present in Italy since 1986, and at December 31, 2024 counted twenty-nine subsidiaries in the country, active not only in manufacturing, but also in sales, marketing, distribution and logistics, employing over 2,500 people.
Yahoo
23-06-2025
- Sport
- Yahoo
Sampdoria avoid relegation from Serie B after Salernitana game suspended
Sampdoria will secure a 3-0 win by default in the second leg of the relegation playout game against Salernitana, thereby ensuring Serie B survival, while the Granata will play in Serie C next season. Sampdoria secured Serie B survival after their game against Salernitana was suspended at minute 65 on Sunday night. Sampdoria avoid Serie C relegation The Blucerchiati were leading 2-0 in the second leg of the relegation playout, sparking anger from the Granata ultras, who threw firecrackers, smoke bombs, and seats onto the pitch, forcing police to intervene. Advertisement Samp had been relegated in the regular season, but Brescia's financial irregularities led to a point deduction for the Lombardy-based side, who were relegated to Serie C instead of Sampdoria. The Blucerchiati had won the first-leg playout 2-0 last week, and the second-leg tie against Salernitana was postponed from Friday to Monday due to a massive food poisoning outbreak in the Granata team. Second consecutive Salernitana relegation SALERNO, ITALY – MAY 20: US Salernitana supporters display a banner before the Serie A TIM match between US Salernitana and Hellas Verona FC at Stadio Arechi on May 20, 2024 in Salerno, Italy. (Photo by) Anger from the Salernitana ultras forced the referee to suspend the game three times last night before it was ultimately terminated at minute 65. This means Samp will secure a 3-0 win by default, thereby ensuring their stay in Serie B. Advertisement Salernitana, on the other hand, have been relegated for the second time in a row as they had already been dropped from Serie A to Serie B just a year ago. Acá está el bardo en la tribuna de Salernitana 💥 — Sampdorianos (@Sampdorianos) June 22, 2025
Yahoo
12-06-2025
- Business
- Yahoo
Italian firms in Lombardy strategize against US tariffs
MILAN (Reuters) -More than half of the companies from Italy's industrial heartland which export to the U.S. are studying countermeasures to tariffs, including establishing a bigger presence across the Atlantic, the Bank of Italy said on Thursday. Presenting a report on the northern region comprising Milan, the central bank said the U.S. accounted for 8.6% of exports out of Lombardy, with beverages, fashion, furniture and pharmaceutics more exposed to tariff risks. That was slightly below the national average, as Italian exports to the United States account for 10.5% of the total. The Bank of Italy said 54% of Lombardy-based companies which sell goods in the United States were adapting their strategies to President Donald Trump's announced tariff hikes. Around 18% of the firms planning countermeasures said they would look for new markets while some 14% are looking to increase their local presence, the central bank found. The remaining 46% of companies surveyed said they were not planning action as their share of U.S. exports was small or because they deemed alternative moves to be too costly.
