Author: Silvia

HModa announces the acquisition of a 60% stake in Fustellificio Toscano S.r.l., a company specializing in high-quality specialty processing for the leather goods and footwear sectors, active in particular in the production of die-cuts and offering services such as printing, milling, cutting and high-frequency processing. Finalized through GAB, leader of the leather goods segment and entered HModa in August 2021, with this new operation HModa continues to expand its distinctive competencies with a new reality representative of the excellence of Made in Italy, also strengthening its positioning in the leather goods and intermediate processing segment.

Founded in 1976 in Valdarno, Fustellificio Toscano is a family business that has embarked on a path of innovation while preserving the authentic value of quality craftsmanship. Under the leadership of Leonardo Naldini, current CEO, and son of the founder, Ugo Naldini, the company has invested in important assets, including new plants and technologies to increase productivity and diversify its offerings, which currently include the production of leather cutting dies in the various product categories (leather goods, footwear, belting and small leather goods) and different types of printing (including high-frequency), milling and cutting. With a new 4,200-square-meter plant and research center opened last January in Pian dell’Isola, in the Figline and Incisa Valdarno area, Fustellificio Toscano operates with a workforce of about 70 employees and a 2023 turnover of about 8 million euros.

Claudio Rovere, founder and president of Hind, said, “With Fustellificio Toscano, HModa continues its path of enhancing the best representative realities of Made in Italy, expanding its know-how to be put at the service of the most important luxury maisons. As part of our strategic plan, we look with great attention to the world of intermediate processing for an ever greater integration of the supply chain and optimization in the different segments of the high-end fashion industry.”

Simone Lenzi, owner of GAB and head of HModa’s Leather Goods Business Unit, adds, “It is with enthusiasm that we also welcome Fustellificio Toscano, already an important partner of our other investee Seriscreen, the Tuscan screen printing and printing company specializing in leather and textiles, into the Group. As GAB and HModa we aim to strengthen the Leather Business Unit, integrating realities specialized in high quality intermediate processing, with the aim of responding to an even greater spectrum of needs of our customers in the luxury world and always guaranteeing high standards of excellence at every stage of the process.”

Leonardo Naldini, CEO of Fustellificio Toscano, says, “In HModa we have found what my family and I had been looking for a long time: an industrial partner with a long-term vision, who strongly believes in our project and will allow us to make an important leap in quality, also in synergy with the other excellences of the Group. Thanking Claudio Rovere and Simone Lenzi for their trust, we are certain of our value and will know how to integrate perfectly with the other realities of the HModa world to grow and improve together.”

Hind SpA announces the end of its collaboration with Mr. Giulio Guasco, who has chosen to pursue other personal goals, and presents the new organizational structure of HModa, a pole of excellence active in all segments of the Italian fashion supply chain.

During Mr. Giulio Guasco’s tenure as CEO, HModa has transformed from a vision into a concrete reality in the Made in Italy manufacturing scene, becoming a group of 16 manufacturing excellences with more than 1,500 employees and a turnover of more than 300 million euros.

Claudio Rovere, Chairman and Founder of Hind Spa, commented, “I would like to express my gratitude to Giulio Guasco for his contribution to the results achieved in recent years. In addition to accompanying entrepreneurs and companies in the process of joining and integrating into our group, Giulio has supported the relationships with our clients and the implementation of a number of strategic initiatives, such as the launch of the HModa Academy training programs and the creation of the Showroom & Lab in Paris.”

Giulio Guasco said, “I am proud to have been part of this project and to have worked with such an outstanding team. I thank Claudio Rovere for giving me the opportunity to meet extraordinary people, from whom I have learned so much and to whom I hope to have contributed significantly.”

In light of the Group’s strong growth and evolution, a new organizational structure has been created where the core business of all companies is centralized (according to the area to which they belong) within one of 4 strategic Business Units: apparel, footwear, leather goods and textiles.

Each Business Unit will be headed by a Group entrepreneur, who will be responsible for being a reference for his or her area, supported by President Claudio Rovere, and will coordinate with the other Business Units so as to ensure synergy and collaboration to achieve common goals.

In this new organizational structure, Claudio Rovere, founder and President of HModa, will continue to maintain the role of strategic direction and coordination of the Group’s entrepreneurs.

Claudio Rovere said, “The HModa Group is expanding, both in terms of turnover and people, which is why it needs an even more efficient and organized structure capable of making the most of all the companies that are part of it. We started this project side by side with all the entrepreneurs, who remain an active part of it; we are continuing it with the same intention of growing every single company within the Group.”

Holding Moda (HModa) announces the acquisition of 100% of PuntoArt S.r.l., a company specialized in embellishment, embroidery and decorations on fabric. Finalized through Rilievi, leader of the embellishment segment and entered HModa in September 2022, this operation brings HModa to strengthen its positioning in the segment, welcoming another reality representative of the excellence of Made in Italy.

Founded in San Mauro Pascoli (FC) in 1981 with an initial focus on embroidery, PuntoArt later expanded its expertise to specialize in all major forms of contemporary decorating. Under the leadership of the founder, Franca Pironi, flanked by her husband Paolo Raggini, the company has grown over the years, focusing on innovation with continuous investments in new technologies aimed at diversifying its offerings and increasing productivity. Today PuntoArt is distinguished by a wide range of workmanship that embraces both traditional and cutting-edge techniques: from precision laser cutting to refined engravings, passing through the elegance of Cornely and the art of macramé, to heat-sealing and stud work. With a staff of about 30 people, PuntoArt had a turnover of about 2.5 million euros in 2023.

With the arrival of PuntoArt, HModa now boasts a diversified portfolio of 17 participated companies, including Uno Maglia (jersey workings), Alex&Co. (leather garments), RBS (outerwear), Albachiara (women’s lightweight apparel), GAB (leather goods), Project (denim), Valmor and Dema (footwear), Famar (women’s menswear), Rilievi and Punto Art (embellishment and embroidery), Seriscreen (screen printing and printing on leather and textiles), Beste (textile and clothing production), Elledi (uppershop), Lanificio Arca (wool and cashmere shuttle weaving), Taglionetto and Emmetierre (small leather goods).

Rilievi and HModa were assisted by STPG, through STPG – Scouting Capital Advisors as financial advisor, and by PWC as legal advisor with a team led by attorneys Filippo Zucchinelli and Giulio Della Casa while due diligence was handled by Studio Brini of Bologna for tax aspects, and by HRSTP of Bologna for labor law aspects. PuntoArt was assisted by Studio Cauli, Marmocchi, Orsini & Associati of Bologna, with a team composed of Dr. Claudio Orsini, in the role of financial advisor, and Dr. Luisa Pasquali, in the role of tax advisor, and Studio Legale Bontempi of Faenza as legal advisor.

Claudio Rovere, founder and president of Hind, said, “This acquisition represents another important step for HModa’s positioning, allowing us to consolidate our offering in the world of special processing with a synergistic project that is consistent with our long-term industrial vision: to promote the development of virtuous realities, capable of perfectly representing the excellence of Made in Italy.”

Simona Finelli and Stefania Marocchi, founders of Rilievi, and Michele Galliano, CEO, add, “Rilievi is committed to bringing PuntoArt – our important partner for a long time – inside HModa, emphasizing the quality of its workmanship, the continuous search for refinement and cutting-edge technologies, and the high attention it pays to the needs of customers in the luxury world. We are therefore excited to start a renewed path of growth in embellishment with a company and a team of unquestionable value.”

Franca Pironi and Paolo Raggini state, “We are confident that joining HModa alongside Rilievi will give PuntoArt a new and significant acceleration, as well as the opportunity to count on the experience and expertise of a solid and reference Group in the industry, with which we share values and philosophy.”

Beste – a company of the HModa Group and a point of reference in the Italian and international panorama for textile production and garment making – welcomed in the afternoon of Monday, April 15 2024, the Minister of the French Government for Business, Tourism and Consumer Affairs, Olivia Grégoire for a visit to the different production sites in Cantagallo and Prato. In the production scenario, Beste stands out for having built its own fully controlled and traceable production chain since 2001, thus interpreting the excellence of Made in Italy in the luxury sector at the international level.

The meeting offered the Minister the opportunity to explore closely the Italian production reality, characterized by its strong competitiveness despite the sector’s tendency to decentralize production to Eastern countries. The Italian industrial fabric, consolidated over time, continues to support the fashion system and in particular the luxury system globally, blending the rich heritage of craftsmanship with a constant commitment to innovation in production processes.

The collaboration between Italian manufacturing realities and prestigious luxury brands belonging to French groups is a solid and long-lasting bond, according to a dynamic of mutual benefit that represents the true essence of this exchange between supply and demand. It is based on the supply of high-level craftsmanship know-how, rooted mainly in Italian textile and manufacturing districts, which continue to be pioneers in the pursuit of quality and innovation.

Giovanni Santi, CEO of Beste, says, “We are honored to represent Made in Italy in the context of the fashion system and to illustrate our textile and apparel supply chain, which is totally Italian, extends from the raw material to the finished garment and operates, today, throughout the entire country.”

Matteo Santi, Managing Director of Beste, continues: “This visit confirms the international recognition of competitiveness and interest in our production system. It is an opportunity to reflect on how crucial it is to invest in the sector in order to maintain world leadership in the development and manufacture of garments made with organic fabrics authentically “Made in Italy,” and therefore with high functional and innovative content.”

Claudio Rovere, Founder and President of HModa, added, “We are extremely excited about the visit of the French Minister, Olivia Grégoire, to some of our Group’s facilities, as it highlights the institutional recognition to our commitment in promoting productive, social and economic cooperation, as well as craftsmanship in a partnership agreement between the two countries. Thanks to the French realities, which are strategic partners for HModa, both in terms of business and the fashion system, we look forward to the future of our collaborations with a mutual commitment to building a future of shared and sustainable growth.”