A.Testoni was acquired by the Hong Kong group Sitoy
26.12.2018 4101

A.Testoni was acquired by the Hong Kong group Sitoy

The Italian luxury brand A.Testoni was bought by the Hong Kong-based Sitoy group, a manufacturer and distributor of high-quality leather goods. Among other things, Sitoy is a Testoni distributor in the Chinese market, writes Worldfootwear.com.

According to Bruno Fantechi, CEO of A.Testoni, the deal is the result of many years of collaboration between the brand and Sitoy in mainland China, where Sitoy is a key partner for brand development. The Hong Kong group has ambitious plans to expand the A.Testony retail chain in China, and they have already begun to come true. At the beginning of this year, three new brand stores opened in Chongqing and Shanghai.

A. Testoni founded in 1929 by Amadeo Testoni, who began his business with the opening of a small store in the Italian city of Bologna. Currently, the brand is represented all over the world, its products are distributed through its own single-brand boutiques and through affiliate multi-brand retail.

The Italian luxury brand A.Testoni was bought by the Hong Kong-based Sitoy group, a manufacturer and distributor of high-quality leather goods. Among other things, Sitoy is a Testoni distributor for ...
5
1
Rating

Latest News

1047 applications have been submitted for participation in Moscow Fashion Week.

A total of 1047 applications have already been submitted for participation in the seventh Moscow Fashion Week, which will take place in the Russian capital from September 26 to October 1. Approximately half of these (494) were submitted by designers whose collections were not presented at…
07.08.2026 198

BALLINA will present its new products at Euro Shoes

BALLINA Guangzhou Lihuang Footwear Co., Ltd., founded in 2011 and located in Guangzhou, the fashion capital of China, is a professional footwear company integrating R&D, production and…
07.08.2026 170

The Lamoda platform has a new section and terms for promoting local designer brands.

Russian marketplace Lamoda has decided to update its section for selling local designer clothing, footwear, and accessories. Brands will also receive marketing…
06.08.2026 420

Global footwear production will remain virtually flat in 2025

In 2025, global footwear production will remain virtually unchanged, registering a slight increase of 0,1% to 24,6 billion pairs, according to data published in the analytical bulletin "World Footwear Yearbook 2026" by the Portuguese Association…
06.08.2026 583

Miu Miu has reissued its hit Bubble sneakers for Fall/Winter 2026.

The brand's popular silhouette, launched in 1999, fits the current sneaker trend (a hybrid version of a ballet flat and sneaker with a streamlined shape and thin sole). But the Miu Miu Bubble also features…
05.08.2026 2015
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning