Valentino Fashion Group

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GERMANY: Hugo Boss denies plans to buy Valentino | 16 Dec 05

Luxury goods company Hugo Boss has no plan to acquire Italy-based majority shareholder Valentino Fashion, a spokesperson confirmed to just-style.

ITALY: Valentino chairman comments on growth plans | 5 Dec 05

Italy-based Valentino Fashion Group, which expects 10-12% sales growth this year, said today (5 December) that buying out the Hugo Boss label’s minority shareholders is not a priority.

ITALY: Valentino to merge Valentino SpA, Emmeffe | 24 Nov 05

Valentino Fashion Group is to combine fully owned subsidiaries Valentino SpA and Emmeffe Srl by the end of 2005 as part of a restructuring exercise.

ITALY: Valentino To Consider Hugo Boss Merger? | 27 Oct 05

Italy-based design house Valentino Fashion Group is expected to consider a merger deal with its German fashion unit Hugo Boss, according to Il Corriere della Sera.

ITALY: Valentino Will Consider Acquisitions | 5 Oct 05

Valentino Fashion Group SpA will consider making acquisitions in the future, managing director Michele Norsa said in an interview with the Il Giornale newspaper.

ITALY: Milan Bourse Approves Marzotto Restructuring | 20 Jun 05

The Milan bourse has cleared textile and fashion group Marzotto SpA’s separate listing of Valentino Fashion Group SpA, which will soon by demerged from the group.

USA: Giulio Salvi Named President of La Perla Inc | 18 May 05

Italian fashion company La Perla has named Giulio Salvi president of its New York subsidiary La Perla Fashions Inc.

ITALY: Clothing Sales Drive Marzotto Q1 Profit | 11 May 05

Fashion and textiles group Marzotto SpA said first-quarter 2005 sales and profits grew on good performances at its Hugo Boss and Valentino clothing units.

FRANCE: BNP Paribas Ends Galeries Lafayette Feud | 30 Mar 05

France’s biggest bank, BNP Paribas, has ended a long drawn-running battle over the future of department store group Galeries Lafayette by buying a 29.5 per cent stake in the company.

ITALY: SINV To Produce Dimensione Danza Ranges | 22 Mar 05

Fashion holding company SINV SpA is to make and distribute fashion group Dimensione Danza’s ranges under a five-year contract worth €200 million.

ITALY: Marzotto Creates Separate Fashion Unit | 15 Mar 05

Italian textile and fashion group Marzotto SpA has announced a restructuring plan whereby it will split fashion brands away from its textiles division, creating a new fashion unit fully owned by Marzotto.

SPAIN: Pronovias To Make Valentino Bridal Range | 4 Mar 05

Bridal wear maker Pronovias has signed a deal to make the new bridal range for fashion house Valentino SpA.

ITALY: Valentino's 2004 Sales Grow 12% | 13 Jan 05

Fashion brand Valentino saw a sales leap of 12 per cent during 2004, beating expectations.

ITALY: Marzotto Mulls Quitting Textiles Business | 20 Dec 04

Fashion and textiles group Marzotto’s board of directors has instructed its chairman to explore a possible spin-off and bourse listing of its textile division.

ITALY: Valentino Sales Manager Resigns | 26 Oct 04

Loredana Nastro, sales manager of fashion house Valentino, has resigned from the company.

ITALY: SINV Appoints Massimo Braglia As CEO | 6 Oct 04

Fashion holding company SINV SpA has appointed Massimo Braglia as chief executive officer.

ITALY: Valentino Announces H1 7.6% Profit Margin | 30 Jul 04

Marzotto-owned label Valentino made an operating profit margin of 7.6 per cent in the first half of this year, compared to 4 per cent sales loss in the same period last year.

ITALY: Marzotto CEO Steps Down For Chairman Role | 18 Jun 04

Antonio Favrin has stepped down as CEO and deputy chairman of fashion group Marzotto, but will remain with the company as its new chairman.

ITALY: Marzotto CEO Denies Hugo Boss Merger | 15 Jun 04

Fashion group Marzotto SpA has dismissed rumours of a planned merger with its Hugo Boss AG subsidiary, despite recent newspaper reports to the contrary.

ITALY: Marzotto Q1 Profit Jumps 19.3% | 12 May 04

Fashion group Marzotto SpA has posted a consolidated net profit of EUR44 million for the first quarter, a 19.3 per cent year-on-year increase.

ITALY: Designer Label Success Aids Marzotto Recovery | 13 Apr 04

Increased orders from couture customers such as Hugo Boss, which is part of the Marzotto group, and from Valentino have helped to boost business for Italian fabric producer Marzotto.

ITALY: Valentino FY Turnover Up 10% | 8 Mar 04

Fashion house Valentino has posted full-year turnover of EUR151 million for 2003, a 10 per cent year-on-year rise.

HONG KONG: Movie Star Jackie Chan Launches Label | 14 Nov 03

Movie action hero Jackie Chan has unveiled his own line of upmarket menswear, the JC Collection, at a fashion trade show in Guangzhou, China.

ITALY: Marzotto Swings To H1 Loss, Clothing Sales Up | 1 Aug 03

Italian fashion giant Marzotto SpA on Thursday revealed it swung to a first half net loss as it was hurt by increased taxes and a weak exchange rate but said clothing sales were up.

USA: Martha Phillips Axes Final Store After 60 Years | 13 Jun 03

Women's fashion retailer Martha Phillips Inc this week closed its last remaining store after more than 60 years.

ITALY: Marzotto Q1 Sales Climb To EUR544m | 14 Apr 03

Leading Italian fashion and textile group Marzotto on Monday reported a 3.4 per cent rise in first quarter sales to 544 million euros from the year-ago period. The company said 86 per cent of that total was made by its clothing unit, which includes famous designer labels such as Valentino and Hugo Boss as well as fashions produced under license for Gianfranco Ferre and Missoni.

ITALY: Marzotto Posts 36.5% Fall In FY Profit | 27 Mar 03

Italian fashion giant Marzotto Group on Wednesday reported a sharp fall in 2002 consolidated net profit to $80 million from $126m in the year-ago period. The company, whose fashion units include Hugo Boss and Valentino, said consolidated net sales rose to $1.89 billion from $1.86bn, of which 81 per cent was generated abroad.

ITALY: Marzotto Gains 44m Euros From Assets Sale | 2 Jan 03

Italian fashion group Marzotto has announced it will reap 44 million euros from the sale of two non-core assets.

FRANCE: Balmain Names Laurent Mercier As Its New Designer | 15 Nov 02

The haute couture unit of the Pierre Balmain fashion house has named Laurent Mercier as its new designer, succeeding Oscar de la Renta who left the house in July 2002.

ITALY: Marzotto Q3 Profit Falls 36% On Boss, Valentino Woes | 12 Nov 02

Troubled Italian fashion group Marzotto SpA on Monday posted a 36 per cent year-on-year plunge in third quarter net profit to $52 million.




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