All Garmont articles
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News briefs
New CEO for Garmont
Garmont International, the Italian manufacturer of technical footwear, has appointed Andrea Nalesso as its new CEO. Nalesso takes over from Pierangelo Bressan, who remains chairman of the board and a shareholder in Garmont. After several years as sales manager at Geox and Dainese, Nalesso was managing director of several equipment ...
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Garmont posts 16% sales growth in H1
Italian outdoor footwear manufacturer Garmont saw its sales increase by 16 percent in the first half of 2023 as compared to the same period of 2022, with Ebitda up by 38 percent. The company attributed the growth in the first half to the outdoor segment and its new products for ...
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Eulero Capital takes over Mondeox
The investment firm Eulero Capital has acquired a 60 percent stake in the Italian footwear manufacturer Mondeox from the Florian family, according to the daily Il Sole 24 Ore. Mondex was founded in 1993 by Maurizio Florian and his wife Maria Antonia. The company specializes in outdoor footwear and work ...
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Article
Garmont's sales rise 60%, Germany remains the main market
Garmont, the Italian outdoor footwear company founded in 1964, reported sales of €40.5 million in 2022, up by 60 percent from the previous year, and an Ebitda margin of more than 16 percent. ”In 2022 we defined a strategy that allowed us to maintain our market positions while taking into ...
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Aquafil launches consumer e-shop for Econyl products
The yarn supplier Aquafil is reaching out to consumers. The Italian company has just launched an Econyl e-shop platform, where – for the first time – customers can buy a range of sports, lifestyle and fashion products made from the company’s regenerated nylon Econyl directly in one place. ...
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Garmont announces new distributor for U.K. and Ireland
Garmont , the Italian outdoor footwear brand founded in 1964, has announced the appointment of Ultra Sport EU as its exclusive distributor for the U.K. and Ireland. Ultra Sport EU has been distributing well-known action sports brands for over 40 years and is now adding outdoor footwear to its ...
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Sale of 65% of Garmont completed
Garmont International reported that the previously announced acquisition of a 65 percent stake in the company’s share capital by Milan-based Riello lnvestimenti Partners SGR has been finalized. Of the remaining 35 percent of the company, Pierangelo Bressan , the current president and CEO, holds a 30 percent stake. ...
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News briefs
Garmont changes ownership
Garmont International , the Vedelago, Italy-based manufacturer of outdoor and tactical footwear, has announced that Italian Strategy Private Equity ( ISPE ), managed by Riello lnvestimenti Partners , is acquiring a 65 percent stake in the company’s share capital. The transaction is expected to be completed by the end ...
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News briefs
Garmont’s new model has a Michelin sole
Garmont of Montebelluna, Italy, has added to its Dragontail line a model designed in collaboration with Michelin . The Tech GTX is a lightweight technical-designed shoe with a non-slip sole made by the French tire manufacturer.