BRUNELLO CUCINELLI LATEST LUX BRAND TO CONSOLIDATE SUPPLY CHAIN AND BOLSTER MADE IN ITALY EXCELLENCE
June 30th, 2022
The Covid-19 pandemic has not just weakened and disrupted supply chains in the high-end fabric and yarn sector, it has encouraged mergers and acquisitions (M&A) among companies to strengthen trade flows. One key example this year in Italy’s luxury fashion sector is the acquisition by leading Italian luxury fashion house Brunello Cucinelli SpA in March (2022) of a 43% stake in the share capital of its historic cashmere yarn supplier Cariaggi Lanificio SpA. The companies are central Italian neighbours, with Cucinelli based in Umbria and Cariaggi Lanificio ...
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