Furla news and archive

Furla reappoints Eraldo Poletto as CEO

Italian fashion company Furla has appointed Eraldo Poletto as its new chief executive officer, the company announced in a press release to FashionUnited. He takes over the role from Giorgio Presca, who joined Furla as CEO two years ago. Poletto is an experienced CEO and a long-time friend of the company, having served at the helm of the brand...

Business

Furla seeks debt restructuring amid mounting losses

Italian luxury accessories brand Furla has initiated formal talks to restructure its debt, marking a critical juncture for the Bologna-based company as it grapples with years of financial losses. The move comes as the bagmaker faces a reported debt burden of 154 million euros, according to Bloomberg, highlighting the challenges confronting...

Business

Furla to launch home collection with Magnificat

Italian luxury brand Furla and Magnificat, developer of home and lifestyle products, announced the launch of the Furla home line for Milan Design Week 2023. With this collection, the brand intends to blend together craftsmanship and technological innovation, as well as fashion and design. Elegance and distinctive conception will go hand in hand...

Business

Furla names Giorgio Presca as new CEO

Italian luxury brand Furla has announced the appointment of Giorgio Presca as the group’s new chief executive officer, effective immediately. Presca will succeed COO Devis Bassetto, who temporarily held the position of CEO since April, following the exit of Mauro Sabatini. Presca joins the Bologna-based company with 30 years of fashion industry...

Business

Furla’s H1 sales increase by 12 percent

Furla recorded a 12 percent increase in global sales in the first half of 2022, showing a recovery trend, surpassing last year's results. The company said in a release that as an effect of the increased local consumption and the return of local and US tourist flows, EMEA generated a growth of 43 percent, while North American sales recorded a 74...

Business

Furla opens new production facility in Italy

Furla has new industrial complex called Progetto Italia opening in Tuscany, Italy. The new complex is right in the heart of Tuscany’s Chianti area in Tavarnelle Val di Pesa, just outside of Florence. The news was reported by WWD. The new facility is a striking 464,000 square feet and has three main buildings covering 197,000 square feet...

Fashion Featured

How Italian luxury brand Furla plans to take off running post lockdown

Milan - How to overcome the pandemic and build a winning strategy able to seize the first signs of recovery in markets that have overcome the worst phase of the Coronavirus thanks to vaccines? How to rethink retail in order to exploit the important results recorded by online sales? These are some of the questions that FashionUnited asked Mauro...

People

Furla names Mauro Sabatini new CEO

Italian luxury goods company Furla has named Mauro Sabatini as its new CEO. Sabatin, who has been at the label for the past 18 years in the role of strategic industrial partner, succeeds Alberto Camerlengo, who has been appointed executive president of the board. Sabatini is the founder and former CEO of Tuscany-based leather manufacturing goods...

Fashion

Furla reimagines its iconic Metropolis

Italian fashion accessories brand Furla is relaunching its iconic Metropolis for pre-fall in a “renewed guise, embodying the unique Italian style that it has always been defined by”. Crafted in high-quality leather, the reimagined Furla Metropolis reappears in three styles, a rounded iteration with smooth curves that comes in two variations, one...

Fashion

Furla signs licensing deal with Timex Group

The Furla Group has signed a licensing agreement with watchmaker Timex Group for the production and worldwide distribution of Furla-branded watches starting from February 2020. The move is part of the Italian label’s strategy to reposition itself as a lifestyle brand by “diversifying its offer and strengthening its product categories” through...

Business

Furla delays IPO

Furla has confirmed the delay of their IPO. The company had initially revealed its plan to delay their IPO seven months ago, and on Monday, Alberto Camerlengo, Furla’s CEO, confirmed the IPO would be delayed in an interview with business newspaper Affari e Finanza. Furla will continue to remain in the hands of Furlanetto, the founding family of...

Fashion

MFW SS20: Furla launches ‘see-now-buy-now’

Italian accessories brand Furla has announced that styles from its spring/summer 2020 presentation during Milan Fashion Week will be available as ‘see-now-buy-now’. “Nowadays, through social media, fashion is accessible to a wide audience. Products are presented during fashion week, seen on Instagram and immediately desired,” said Furla in a...