By acquiring a second Tuscan shoe manufacturer, Sicla, which was already working for its Maison Jimmy Choo, Capri Holdings, which also owns Michael Kors and Versace, is consolidating its profile as a luxury group with mastery of its know-how. And this on the eve of its takeover by its compatriot Tapestry (Coach, Stuart Weitzman, Kate Spade New York).
Capri Holdings strengthens its capabilities in Made in Italy.
Having already acquired Alberto Gozzi, the first Tuscan shoe manufacturer, in 2019, the New York-based group has now acquired Sicla, another shoemaker, located in the same Italian region known as “Valdarno“, which specializes in leather (and in particular the production of shoes and leather goods for the luxury sector).
A way for the owner of the Michael Kors, Versace and Jimmy Choo brands to consolidate its profile as a global luxury group on the eve of its merger with fellow American Tapestry, owner (among others) of Coach. And it’s doing so by mastering its know-how, a prerequisite for legitimacy in the sector.
Already a supplier to Jimmy Choo
While Alberto Gozzi supplied all three Capri Houses, Sicla previously worked exclusively for Jimmy Choo (and other luxury goods principals outside Capri Holdings).
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Featured Photo: © Jimmy Choo
