Bruno Magli

From Wikipedia, the free encyclopedia
Jump to: navigation, search

Bruno Magli is an Italian luxury brand that specializes in shoes and leather goods for men and women.

History[edit]

Founded in 1936, siblings Marino, Mario and Bruno started a small business in the basement of their home in Bologna, Italy, after learning the art of shoemaking from their grandfather. The trio began to accept contract work until the first Magli Shoe Factory (Calzaturificio Magli) was established later that same year.

Shortly after World War Two in 1947, the company built their first manufacturing facility. The brand used the opportunity to expand their line of shoe products.

In 1969, the company moved to a larger, more modern factory in Bologna, which it continues to occupy today.

From the 1980s onwards, the Magli company opened over forty retail stores located throughout America, Australia, China and Europe.

Acquisitions[edit]

In 2001, the Luxembourg-based investment fund Opera, half owned by Bulgar, acquired a controlling interest in Bruno Magli. In 2007 Opera sold the brand to UK private equity fund Fortelus Capital, and in 2014, the Swiss fund Da Vinci Invest acquired the brand.

In January 2015, Marquee Brands announced its acquisition of the Bruno Magli brand and related intellectual property assets from Bruno Magli S.p.A. Marquee Brands, a brand acquisition, licensing and development company, was launched by the private equity group Neuberger Berman in September 2014.

The luxury brand corporate office is now be headquartered out of Marquee's New York City offices but its products will continue to be designed and produced in Italy.

External links[edit]