Stefanel

Italian textile group. With a turnover in 1999 of more than 600 billion lire, it produces and distributes 11 brands, has more than 5,000 points of sale throughout the world, employs 1,300 people, and has been quoted on the Stock Exchange since 1987. The company’s history began in 1959 when Carlo Stefanel (1925-1987) set up the Maglificio Piave at Ponte di Piave in the province of Treviso. In 1966, his children Giuseppe and Giovanna joined the company, and on the death of their father took charge, Giuseppe as chairman and managing director, and Giovanna as designer of the collections. In the mid-1970s, the Maglificio Piave had its first commercial turning point, creating the Sigma brand and choosing to retail its products through its own network of representatives. In 1980, the first franchise opened in Siena with the new Stefanel brand, and was launched abroad, in Paris, two years later. Between 1982 and 1984, the name Stefanel completely replaced the original name of Maglificio Piave. Between 1984 and 1988, the company increased its sales and number of shops almost fourfold.Through acquisitions and international agreements, by the end of the 1980s Stefanel had turned into a large industrial group and diversified into sportswear, jeans, and ready-to-wear. Thanks to a joint venture set up in December 1995, Stefanel has manufactured the CK lines for Calvin Klein since 1987. It now owns the following brands: Peter Hadley (men’s and women’s collections in an Anglo-Bostonian style); Be and SPQR City, resulting from the collaboration with the French designers MarithĂ© and Franµois Girbaud; Museum, a sophisticated outdoor look; and New England and Rebecca Allison, who are shirt specialists. It has three factories to produce its own collections (Ponte di Piave, Salgareda, and Bucharest in Romania) and three other factories for the other brands.
&Quad;2000. It bought 95% of Hallhuber, the German company that owned 44 points of sale in Germany, with sales in 1999 of 92 billion lire. The deal was worth 35 billion lire.
&Quad;2002, May. The financial year ended with profits of 1.1 million euros, compared with a loss of 9.7 millions in the previous 12 months. The Ponte di Piave group had sales worth 267.1 million euros.
&Quad;2003, April. It handed the control of Interpool (women’s classic and sports clothing) over to Acon, a clothing company with the Mash brand, for a price of 4.73 million euros.