Mariella Burani news and archive

Burani: the fall of a fashion empire

This Italian tale started life in the Emilia Romagna region of the 1960s, with the founding of Selene, a company active in the production of infants’ wear. Selene underwent expansion, perhaps too hastily and to too great an extent, through a series of loans, until it consisted of four listed companies (MBFG and Antichi Pellettieri, joined by...

Fashion

Board change Mariella Burani

Italian fashion group Mariella Burani nominated Gabriele Fontanesi and Ettore Bruani as directors to the board. As part of the restructuring process of the company, the new members are to reinforce the independence of the Board. Gabriele Fontanesi will assume the role of Chief Executive Officer, with related responsibilities and authority, as of...

Fashion

Itochu acquires Antichi Pelletieri

The Itochu Corporation has acquired a 3.3 equity stake in Antichi Pellettieri, the leather goods division of the Mariella Burani Fashion Group. Itochu purchased the stake for â‚¬10 million (Â£6.8 million). The two partners already have long-standing relationship, which is now solidified by this transaction. It also provides the MBFG with an...