Italian outdoor sports footwear brand Garmont ushered in new shareholders. Recently, Luigi Rossi Luciani, an entrepreneur from Northeast Italy, acquired a 21% stake in Garmont International Srl.
Luigi Rossi Luciani was the chairman of the Confindustria Veneto Confederation of Industry in the Veneto Region (Venezia Region) and was the founder and President of Carel Industries SpA, a leader in air conditioning and refrigeration in Italy. He was also a member of Panther Srl, a manufacturer of safety footwear for tooling. shareholder. Luigi Rossi Luciani's share in Garmont will better play with the collaboration between Garmont and Panther, and promote the two in the field of outdoor sports and footwear to go hand in hand.
Founded in 1964, Garmont International Srl is headquartered in Padova, Padova, a city in northern Italy. It specializes in the design, manufacture and sale of mountain shoes and other outdoor sports shoes and has a number of patented technologies. The products are sold in 35 countries and regions worldwide. . Garmont International Srl is currently owned and operated by Pierangelo Bressan with a majority stake in its subsidiary Prisma 2.
At the end of December 2017, Veneto Regional Investment Company Veneto Sviluppo SpA sold its 25% stake in Garmont International Srl for nearly three years to American Entrepreneur Wayne Edy. Garmont has obtained relevant certification in the United States as a supplier recognized by the US military. At present, Garmont's sales in the US market account for approximately 35% of the brand's total sales, and Wayne Edy's shares will further promote the brand in the US market and even internationally. Market expansion.
Pierangelo Bressan, president and CEO of Garmont International Srl, took over the company when the company was on the brink of bankruptcy three years ago. In an interview with the Italian fashion media Pambianco News, he said: “In three years, the company’s annual turnover has increased from 7 million euros to 14 million euros, 2018 Garmont International Srl sales are expected to reach 20 million euros." Pierangelo Bressan's mid-term target sales of 35 million euros to 40 million euros, and does not rule out the possibility of a company listed.
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