×
610
Fashion Jobs
BEAN HR CONSULTING
Production Manager - Fmcg/Food Processing/Beverages
Permanent · Hyderabad
ESTÉE LAUDER
Business Analyst
Permanent · Mumbai
HINDCO RECRUITMENT CONSULTANTS
Production Manager| Leading Clothes Manufacturer| Surat| Ahemdabad|
Permanent · Bharuch
SOUTHERN TRADING COMPANY
Sales Executive / Bdo / Sales Manager or Asm
Permanent · Kochi
TOUCH MOBILES
Wanted Area Sales Manager - Touch Mobiles
Permanent · Khammam
ASIANLAK HEALTH FOODS LTD.
Area Sales Manager
Permanent · Jalandhar
GIRNARSOFT EDUCATION SERVICES PRIVATE LIMITED
Interview || Area Sales Manager || Collegedekho.Com || s. India
Permanent · Chennai
GENESTORE INDIA PRIVATE LIMITED
Area Sales Manager/ Business Development Executive-Mumbai
Permanent · Mumbai
ANAND RATHI
Cluster Head/ Area Sales Manager
Permanent · Chennai
PROPERTYXPO.COM
Area Sales Manager| Real Estate Portfolio Management | Gurgaon
Permanent · Gurugram
MAHALAKSHMI PROFILES PRIVATE LIMITED
Area Sales Manager
Permanent · Hyderabad
ARCHANGEL HR SOLUTIONS
Consultant Planning, Merchandising, Sourcing
Permanent · Chennai
KARADI PATH EDUCATION COMPANY PRIVATE LIMITED
Senior Area Sales Manager - Karadi Path Education Company
Permanent · Chennai
SENSO FOODS PRIVATE LIMITED
Area Sales Manager/sr. Sales Executive For "Corporate Sales"
Permanent · Ahmedabad
ALGOR SUPPLYCHAIN SOLUTIONS PRIVATE LIMITED
Hiring For Sales Manager in Logistic co| Hyderabad | Goa
Permanent · Bengaluru
A2V INSURANCE BROKERS PRIVATE LIMITED
Area Sales Manager
Permanent · Ludhiana
VIKRAM TEA PROCESSOR PVT LTD
Area Sales Manager
Permanent · Mumbai
BHARTI AIRTEL LIMITED
Territory Manager- Dth Sales -Namakkal
Permanent · Namakkal
ARKRAY HEALTHCARE PVT. LTD
Opening For Medical Business Manager(mr)- Delhi Chennai & Bangalore
Permanent · Chennai
PUMA
Studio Operations Manager
Permanent · Bengaluru
SHASHA GABA
Fashion Consultant
Permanent · NEW DELHI
ELICO LIMITED
Requirement For Production Manager
Permanent · Hyderabad
Published
Dec 5, 2014
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

PittaRosso bought by British private equity firm Lion Capital

Published
Dec 5, 2014

PittaRosso passes under British command. The Italian shoe retail chain, which was bought in 2011 by Alessandro Benetton's private equity firm 21 Investimenti, has been acquired by Lion Capital, announced the press release from 21 Investimenti, which indicated that it has signed an agreement with the English private equity firm. The amount of the transaction has not been revealed.

Alessandro Benetton and Andrea Cippoloni, Managing Director of PittaRosso


Specialised in the retail and consumer goods segment, Lion Capital was founded in 2004 and has invested nearly 6 billion euros in more than 30 operations in Europe and North America. The investment firm is present in the fashion world through labels like John Varvatos, brands like AllSaints, and in the optical retail chain store Afflelou.

The Alessandro Benetton private equity firm will continue to participate in PittaRosso, "to assist the new controlling stakeholder and the management led by Chief Executive Andrea Cipolloni, by continuing the ambitious development plan in Italy and abroad," he specified.

The Venetian company founded by the Pittarello brothers near Padoua specialises in the retail sales of shoes at affordable prices for the entire family. Since 2011, it has doubled its revenue, which should reach 240 million euros in 2014, while its gross operating income stands at 30 million euros. Lion Capital hopes to arrive at 800 million euros in five years.

PittaRosso has also multiplied its store openings, accumulating 120 points of sale compared to 57 in 2011, and exporting its formula abroad with retail points in Slovenia and Croatia, and especially in France, which already has 3 locations.

1 EUR = 0.788786 GBP = 1.23026 USD

Copyright © 2021 FashionNetwork.com All rights reserved.