×
30 870
Fashion Jobs
AEROPOSTALE
Cost Accounting Manager, Sparc Group
Permanent · Lyndhurst
NORDSTROM INC
Asset Protection Agent
Permanent · Portland
NORDSTROM INC
Asset Protection Agent Burbank Center Rack
Permanent · Burbank
NORDSTROM
Loss Prevention Agent - Bellevue
Permanent · Bellevue
NORDSTROM
Area Manager - Dubuque, ia
Permanent · Dubuque
NORDSTROM
Asset Protection - Agent - Santa Monica Place
Permanent · Santa Monica
NORDSTROM INC
Asset Protection - Security Ambassador - The Mall at Short Hills
Permanent · Millburn
NORDSTROM
Loss Prevention Agent The Orchards Rack - $200 Sign-on Bonus
Permanent · Westminster
NORDSTROM INC
Asset Protection - Security Ambassador - Thousand Oaks Janss Mrkt Rack
Permanent · Thousand Oaks
ESTÉE LAUDER COMPANIES
Senior Business Analyst, Global Comms & Lauder Family
Permanent · New York
ESTÉE LAUDER COMPANIES
Senior Lead, Project Manager, Supply Chain Technology
Permanent · New York
MARSHALLS
70118-lp Detective
Permanent · Lodi
TJ MAXX
70118-lp Detective
Permanent · San Carlos
HOMEGOODS
Loss Prevention Detective
Permanent · San Ramon
MARSHALLS
Loss Prevention Detective Rockville/Gaithersburg
Permanent · Rockville
MARSHALLS
lp Detective
Permanent · Campbell
TJ MAXX
Loss Prevention Customer Service Associate- Staten Island ny
Permanent · New York
TJX CORPORATE
Sales Audit Control Coordinator
Permanent · Marlborough
TJ MAXX
70118-lp Detective
Permanent · Bloomington
TJ MAXX
70118-lp Detective
Permanent · Santa Clara
TJ MAXX
Assistant General Manager - Worcester, Massachusetts
Permanent · Worcester
MARSHALLS
lp Detective Ewing
Permanent · Ewing Township
Translated by
Nicola Mira
Published
Jul 4, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Italian childrenswear company Simonetta bought by Isa Seta

Translated by
Nicola Mira
Published
Jul 4, 2017

A new chapter in the history of long-established Italian childrenswear company Simonetta is about to start, just after the presentation at Pitti Bimbo of the Emilio Pucci children's collection it designs and manufactures under licence. Italian fabric company Isa Seta, of the Carisma group, has in fact bought out the Stronati family's 100% stake in Simonetta for an undisclosed amount. Isa Seta also completed a share capital increase to relaunch Simonetta, helped by an exclusive supply deal with Fendi for Fendi Kids.


Simonetta - Simonetta


Giovanni Cagnoli, the President and controlling shareholder of Isa Seta and Simonetta, said the strategy for the next few years will focus on acquiring new licenses in the premium, made-in-Italy segment of the market. "We believe there is a growing market opportunity for Italian-style, high-quality products at an accessible price. Simonetta is an undisputed leader for both market share and know-how in this segment, and we think in the medium term it will return to growth (...) and become a benchmark on the international childrenswear market," wrote Cagnoli in a communiqué.

Simonetta operates in 60 countries worldwide with its own label and in 2016 it recorded a revenue of €34 million (-7%), over 70% of which came from outside Italy. The company also manufactures and distributes under licence the children's collections of Emilio Pucci, Lanvin and Aston Martin, and is now also the exclusive supplier for Fendi's children's lines.

Isa Seta is a top Italian textile manufacturer, with a revenue of approximately €70 million in 2016. It works for a host of luxury labels, producing fabrics for apparel and accessories (scarves, hats, gloves and ties), as well as underwear, loungewear, socks, beachwear and leisurewear through its finished product division. A supplier to Fendi since 2007, Isa Seta also operates licenses in underwear and beachwear for Zegna, underwear for Dsquared and accessories for Jimmy Choo.

Copyright © 2021 FashionNetwork.com All rights reserved.