Trussardi sold to private investor
Italian media published information that the family of the founders of At home, Trussardi sold her business and the name itself to a private investment company Quattro R. The House itself, famous for its luxury leather goods, has not yet confirmed or commented on the sale.
What is known today? As reported, for example, by the news site Pambianco News, Tomaso Trussardi (executive director of Trussardi) retained 20% of the company's shares. His sister Gaia Trussardi will no longer own any shares, and the company's share owned by their mother, Maria Luisa Gavazzeni, will be split up. Managing DirectorAt home, Trussardi Massimo Del'Aqua will leave his post.A new team of managers and designers will be formed by the end of March after the closing of the transaction. Thus, the transaction concerns 80% of the company's shares. For Trussardi House Quattro R will give at least 50 million euros (about 57.1 million dollars).
It is known about Quattro R that they have never invested in the fashion industry, although Andrea Morante, chairman of the company created just three years ago and supported by the Italian pension fund, concurrently heads the board of another popular brand. Sergio Rossi. Family Trussardi owned herFashion House for four generations for 107 years. They own 177 boutiques and more than 1,500 outlets in 47 countries around the world. However, in recent years, the luxury Italian House, one of the oldest in the world of fashion, could not cope with management and accumulated a lot of debts. The sale of a House is a forced measure, and the company Quattro Rjust specializes in the financial problems of Italian firms and is supported by state credit companies.
Photo: Trussardi
