Co-owner of Centrobuv acquired a stake in Malo
27.08.2014 5808

Co-owner of Centrobuv acquired a stake in Malo

Sergei Lomakin, co-owner of the largest Russian footwear chain Tsentrobuv, buys a stake in the Italian cashmere company with a half-century history, Malo. He himself announced the acquisition in Saint-Tropez, at a party timed to coincide with this event.

Malo was created in the 1972 year in Florence by the brothers Giacomo and Alfredo Canessa. The brand specializes in sewing cashmere clothes in the upper price segment. The brand also has shoes and accessories. The main production still remains in Italy.

Today Malo is present in ten countries, operates 14 of its own stores and develops franchises in Venice, Paris, Monaco, Geneva, Moscow and other cities. There are two brand stores in Moscow: in TSUM and in Crocus City Mall. The franchise for the development of the brand in the region is owned by the Russian company "Cashmere and Silk". Malo products are also sold in multi-brand boutiques. As the head of Malo said earlier, Russia is the second most important market for the company. In 2013, the company's revenue was 22 million euros, with a net loss of about 500 thousand euros.

Co-owner of the largest Russian shoe chain "Tsentrobuv" Sergei Lomakin buys a stake in an Italian cashmere company with a half-century history ...
5
1
Rating

Latest News

The UPGRADE Fashion Conference at UPGRADE Retail 2025 will bring together Fashion market participants

On May 16, the UPGRADE Fashion conference will be held at the World Trade Center (WTC) in Moscow at the UPGRADE Retail 2025 forum – a platform for owners and top managers of leading Fashion retailers, production and design experts,…
25.03.2025 53

TJ Collection supports the "green agenda" in fashion

The footwear and accessories brand TJ Collection, with the assistance of the Second Breath charity foundation, has released a shopper bag made from completely recycled…
25.03.2025 52

PETER KAISER Academy

Caprice GmbH and the PETER KAISER brand present their customers with the PETER KAISER Academy - an innovative training platform specially designed to increase the knowledge of sales personnel about the history of the brand and its…
25.03.2025 63

Puma Launches New Advertising Campaign With Focus On 'Zoomers'

Puma to increase ad spend by 2025% in 40 compared to 2024. Sports giant launches Go Wild campaign with new positioning designed to appeal to generational values…
24.03.2025 223

Proenza Schouler Founders Jack McCollough and Lazaro Hernandez Move to Loewe

The reshuffle in the creative ateliers of luxury brands continues. Proenza Schouler founders Jack McCollough and Lazaro Hernandez, who left the creative direction of their own brand, will become artistic directors of LVMH-owned…
24.03.2025 175
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning