83 023
Fashion Jobs
BLOOMINGDALE'S
Asset Protection Visual Security Officer, Part Time - Norwalk
Permanent · NORWALK
BELK
Store Fulfillment Associate - Full Time
Permanent · FRANKLIN
BELK
Asset Protection Lead - Full Time
Permanent · AUBURN
BELK
Store Fulfillment Associate - Full Time
Permanent · SAVANNAH
BELK
Store Fulfillment Associate - Part Time - Independence Mall
Permanent · WILMINGTON
BELK
Asset Protection Associate - Full Time
Permanent · ROCKY MOUNT
BELK
Store Fulfillment Associate - Part Time - Coastal Grand
Permanent · MYRTLE BEACH
BELK
Store Fulfillment Associate - Full Time - Bridgestreet
Permanent · HUNTSVILLE
BELK
Store Fulfillment Associate - Full Time
Permanent · TUPELO
BELK
Store Fulfillment Associate - Part Time
Permanent · SAVANNAH
BELK
Asset Protection Manager - Triangle
Permanent · RALEIGH
ALO YOGA
Construction Project Manager
Permanent · LOS ANGELES
SUN VALLEY
Sun Valley Marketing Manager
Permanent · SUN VALLEY
LULULEMON
Community Specialist | (Contract) Market Street The Woodlands
Permanent · THE WOODLANDS
LULULEMON
Community Specialist | Orlando Premium Outlet
Permanent · ORLANDO
LULULEMON
Full-Time Community Specialist | Cumberland Mall
Permanent · ATLANTA
KOHLS
Operations Supervisor - Weekend Days
Permanent · PLAINFIELD
KOHLS
Technical Project Manager
Permanent · MENOMONEE FALLS
KOHLS
Loss Prevention Associate
Permanent · FINDLAY
NAVY EXCHANGE
Vending Route Driver (Operations Worker) FT w/Benefits
Permanent · BREMERTON
NAVY EXCHANGE
Asset Protection/Safety Investigator (Detective) FT w/Benefits
Permanent · BREMERTON
URBN
Anthropologie Omni Service Specialist Part-Time
Permanent · NOVI
Translated by
Nicola Mira
Published
Dec 23, 2016
Download
Download the article
Print
Text size

Chinese group Gangtai takes control of Italian jeweller Buccellati

Translated by
Nicola Mira
Published
Dec 23, 2016

Buccellati has a new owner. The historic Milanese jewellery label, in which Italian private equity firm Clessidra acquired a 67% stake in 2013, has been sold to Chinese conglomerate Gangtai, specialized in the consumer, culture, finance and health industries.


A picture from Peter Lindbergh's campaign, shot in Milan's Piazza Duomo - Buccellati

 

The Italian private equity firm and the Buccellati family, which held 33% of the capital, have announced in a press release that they have sold an 85% stake in the label to the Chinese group, while still holding the remaining 15%. The amount of the transaction was not disclosed.

Clessidra has been trying to sell Buccellati for several months, and Swiss luxury group Richemont was tipped as a potential buyer.

The transaction is expected to be completed during the second quarter of 2017. The current management team remains in place for the time being: Andrea Buccellati will retain his role as Creative Director and honorary President, and other family members will keep their roles too, while Gianluca Brozzetti will continue to lead the company as CEO.

In 2015, the fine jewellery label's revenue was close to €41 million. "We have backed Buccellati for the last three years, and during this time the company's revenue has grown by 60%. We think it is now ready to set off on a new growth path," said Clessidra's General Manager Marco Carotenuto.

Copyright © 2024 FashionNetwork.com All rights reserved.