×
150
Fashion Jobs
SAROJ JALAN
Marketing Strategist
Permanent · KOLKATA
ADD UR CO LLP
Production Manager
Permanent · Chennai
THE GLOBAL ZONE HR SERVICES
Production Manager/ Supervisor/ Incharge
Permanent · Pune
PUMA
Manager - Digital Marketing
Permanent · Bengaluru
THE BANYAN HR CONSULTS
Brand Manager For Leading Women's Wear Garments CO at Coimbatore
Permanent · Coimbatore
LEVI'S
Manager, Retail Merchandising (Ebo)
Permanent · Bengaluru
GLAN MANAGEMENT CONSULTANCY
Senior Buyer Lingerie (Knits Western Wear) - Retail Brand
Permanent · GURUGRAM
JOB INDIA
Asst. Manager E-Com Operations (Garments Retail) Gurgaon
Permanent · Faridabad
VASTRAKALA EXPORTS
Quality Manager
Permanent · CHENNAI
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Manager / in Charge - Production/Quality/Cutting - Garments Industry
Permanent · Bhiwandi
MINT AND MILK COMMUNICATIONS
Senior Account Executive
Permanent · MUMBAI
PUMA
Manager- Buying (Apparel)
Permanent · Bengaluru
PUMA
Manager- Business Intelligence
Permanent · Bengaluru
PUMA
Manager- Trade Compliance
Permanent · Bengaluru
LEVI'S
Technical Product Manager
Permanent · Bengaluru
PUMA
Manager- Supply Planning
Permanent · Bengaluru
PUMA
Senior Manager - Performance Marketing- Marketplac…
Permanent · Bengaluru
PUMA
Regional Sales Manager- Mbo (South)
Permanent · Bengaluru
PUMA
Manager- Returns And Spf Operations
Permanent · Bengaluru
PUMA
Manager Merchandising
Permanent · Bengaluru
PUMA
Project Manager- Operations
Permanent · Bengaluru
PUMA
Manager- Logistics Operations
Permanent · Bengaluru
Published
Oct 18, 2016
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

After splurging on suitcases, is LVMH shopping for bicycles?

Published
Oct 18, 2016

The scoop reported by the La Tribuna di Treviso, a local daily in the northeast of Italy, has been ricocheting around the globe. LVMH is reportedly looking at an acquisition of the high-end bike manufacturer Pinarello, based in Treviso, Italy.

According to the newspaper, the colossus of French luxury, which just added German Rimowa suitcases to its fold, may now diversify into the sports business. The news has this small Italian town near Venice all abuzz, which already has a place on the map as the stronghold of Benetton.

 

L'un des derniers modèles du fabricant italien - Pinarello.com



“Negotiations have started, being led on behalf of the company by a specialized firm in Milan, and could be finalized soon,” the newspaper claims.

“It seems that LVMH is investing monies in opening a new luxury front in sports, wellness and recreation. And in the Treviso company, it has identified a bicycle brand to buy or hold a majority stake,” says the newspaper.

The Pinarello manufacturer has a long history and supplies bikes to many of the major professional teams. Founded in 1952 by cyclist Giovanni Pinarello, the company Cicli Pinarello got its launch as a small artisan laboratory for manufacturing bicycles. The brand started to acquire a reputation through its debut in the Tour of Italy in 1975, furthered by its presence at the Tour de France.

In 1988, the son of Giovanni, Fausto Pinarello, took over as head of the SME, which currently generates a turnover of more than EUR 50 million, three quarters of which are sales outside Italy.

Copyright © 2022 FashionNetwork.com All rights reserved.