Project Cashmere Central Italy is an investment opportunity to acquire 100% of shares one of the best-known companies in Italy which operates in cashmere sector.
The Company was founded in the seventies and is located in central Italy.
It developed as a leader brand in producing and selling cashmere and other natural yarn woven fabrics, well known over the world and with several retail stores and franchising in Europe, Russia, Japan and Korea.
In 2019 the Company opened a showroom in New York and in 2020, it has planned to open a new retail store in New York ever.
It produces all of its products in Italy, with high quality standards, engineering production and quality. It performs thorough controls at each stage of the process.
The Company has three business lines: knitwear, accessories and Prêt à Porter.
Around the start of the new century turnover’s company exceeded € 50M.
The Company owns two production’s plants in central Italy.
Total employees 2020: approx. 125.
In 2018 the Company has been admitted to “Concordato Preventivo” which is an insolvency procedure under the Italian law. • Following the key financials: