Pambianco Study: Antonio Marras Latest Owner
MILAN — Pambianco Study: Antonio Marras Latest Owner Calzedonia Group took the highest spot this 12 months as the corporate with probably the most potential to publicly list, in response to Milan-based consultancy Pambianco Strategie di Impresa.
Golden Goose, which ranked first last 12 months, placed second on the list, followed by Giorgio Armani and Valentino.
OTB, which has actually pointed to a possible listing, ranked sixth after St. Barth. Fueled by a powerful performance in 2021, the OTB group, which controls Diesel, Jil Sander, Marni, Maison Margiela and Viktor & Rolf, amongst others, laid out an ambitious plan for the 2022 to 2024 period, and chairman Renzo Rosso has said he was eyeing an IPO in 2024.
The Pambianco rating analyzes the businesses which have the economic, financial and positioning characteristics to be listed in a time span of three to 5 years, no matter whether an inventory is within the plans of the firm.
Calzedonia Group, founded by Sandro Veronesi, controls the Calzedonia, Intimissimi and Tezenis labels in addition to knitwear brand Falconeri, bridal line Atelier Emé and wine retailer Signorvino. In September, it took a majority stake in Antonio Marras.
Within the Pambianco report, Calzedonia founder Sandro Veronesi admitted that an inventory is “a chance we have now considered over and over, but that we have now all the time postponed.” Aged 63,
he said the main target was now on the generational handover as his children increase their responsibilities throughout the company and on the evolution into a gaggle of brands and firms, allowing each to be more autonomous.
The group is reporting a 20 percent growth in revenues, while margins have been dented by the rise in raw materials costs, energy and shipments.
Europe and Italy remain strong markets, but Veronesi sees growth potential within the still-underdeveloped U.S. and Asia regions. The group will further develop its retail network next 12 months, after opening around 300 stores in 2022.
More attention will likely be channeled toward the Marras brand, which is “outside of our perimeter, because it’s luxury,” but Veronesi said the acquisition is leveraging Marras, “
who has great skills as a designer but didn’t have a supply chain to support him and that will be as much as the extent of his label.” Veronesi said he hopes to soon open Marras flagships in a very powerful cities, starting with Milan.
Golden Goose in 2020 modified hands, as private equity fund Permira bought the Italian brand from the Carlyle Europe Buyout fund. The worth was pegged at 1.28 billion euros. The brand, which achieved much of its success with the Superstar sneaker that provides 400 variations a 12 months, continues to be led by chief executive officer Silvio Campara.
Luxury footwear brand Gianvito Rossi, controlled by GGR Srl, ranked seventh, followed by the Max Mara Fashion Group.
Liu Jo was within the tenth spot. As reported, in June the corporate hired Paola Durante as general manager, a recent position for the brand, which signaled a consolidation of the business and potentially a renewed interest in an IPO as its owner Marco Marchi spoke of an inventory before the pandemic. Durante was previously director of investor relations and strategic planning at Moncler after an extended stint at BofA Merrill Lynch, serving as managing director.
Liu Jo was followed by Dolce & Gabbana. Canali and Missoni closed the listing, rating twenty ninth and thirtieth, respectively.
In the style small cap listing, Autry ranked first, followed by The Attico and Save the Duck. Autry chief executive officer Mauro Grange said the corporate sees an inventory as premature. The corporate will close the 12 months with sales of 100 million euros, up 300 percent in comparison with 2021. The primary Autry store will open next 12 months.
In the wonder segment, Veralab, owned by Re-Forme, ranked first, taking up the spot previously held by AGF88 Holding, which controls Fanola and produces skilled hair and skincare products, and is now ranked second, followed by Euroitalia in third.
The Italian company, which produces and distributes fragrances for Versace, Moschino, Dsquared2 and Missoni, amongst others, was followed by Davines Spa.
In design, Kartell ranked first, followed by Gessi Holding, and Design Holding, which last 12 months entered right into a three way partnership with Fendi to create Fashion Furniture Design, or FF Design, to develop the brand’s Casa business.
Within the wine segment, Palazzo Antinori with Marchesi Antinori as its primary brand, ranked first, followed by Santero Fratelli & C., and Marchesi Frescobaldi.
Pambianco has considered firms with sales above 50 million euros and for small caps with revenues of between 10 million and 50 million euros.
The consultancy ranked the businesses based on seven parameters: percentage growth (on this case within the 2019 to 2021 period); average earnings before interest, taxes, depreciation and amortization percentage within the three-year period; brand awareness; size; exports; distribution control (directly operated stores and e-commerce), and market positioning (high, medium, low).
No Comments
Sorry, the comment form is closed at this time.