×
320
Fashion Jobs
VIJAY SYSTEMS ENGINEERS PVT LTD ( UMBERGOAN)
Production Manager
Permanent · Vapi
VIDVAS HR SOLUTIONS PRIVATE LIMITED
sr Manager - Production . Only Leather Bags Exp - Chennai
Permanent · Chennai
SHREE SADGURU MASALA & SPICES IND PVT LTD
Regional Sales Manager
Permanent · Navi Mumbai
MAGNATEK ENTERPRISES
Looking For Area Sales Manager
Permanent · Chennai
BANDHAN LIFE SCIENCE PRIVATE LIMITED
Area Sales Manager
Permanent · Kolkata
WINGS PHARMACEUTICALS
Area Sales Manager - Generic Division
Permanent · Ludhiana
FIRST SOLUTION
Agency Development Manager/Recruitment Development Manager(Insurance)
Permanent · Pune
NCL INDUSTRIES LIMITED (BISON PANEL)
Area Sales Manager - Hyderabad (Boards Division)
Permanent · Hyderabad
LN GLOBAL CAREER SERVICES LLP
Required Regional Sales Manager For Pharmaceutical Company
Permanent · Chennai
LN GLOBAL CAREER SERVICES LLP
Required Zonal Sales Manager For Pharmaceutical Company
Permanent · Chennai
LEVI'S
Group Product Manager
Permanent · Bengaluru
AVENUE SUPERMARTS LIMITED
Excellent Opportunity With Dmart _ Production Managers
Permanent · Chikmagalur
ENOAH I SOLUTION INDIA PRIVATE LIMITED
Area Sales Manager
Permanent · Bengaluru
KISHOR EXPORTS
Garment Technician
Permanent · Agra
CENTURY PLYBOARDS (I) LIMITED
Area Sales Manager - Delhi / Ghaziabad
Permanent · Ghaziabad
KEYAL EMPIRE DESIGN PRIVATE LIMITED
Production Manager
Permanent · DELHI
MAHINDRA HOLIDAYS AND RESORTS INDIA LIMITED
Sales Team Manager/sr . Sales Manager/Territory Sales Manage-Bangalore
Permanent · Bengaluru
SERVOTECH INDIA LIMITED
Sil - Production Manager/ Quality Manager - Tarapur (Boisar)
Permanent · Tarapur
JOB INDIA
Area Sales Manager- Operations (Garment Retails)
Permanent · Gurugram
MAHINDRA HOLIDAYS AND RESORTS INDIA LIMITED
Team Manager/ Territory Manger- Sales- Meerut
Permanent · Meerut
HARI DARSHAN SEVASHRAM (P) LTD
Area Sales Manager - Punjab
Permanent · Ludhiana
ALGOR SUPPLYCHAIN SOLUTIONS PRIVATE LIMITED
Hiring For Sales Manager in Logistic co| Hyderabad | Bangalore
Permanent · Bengaluru
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.