Capri Holdings to acquire Tuscan shoemaker

Italy
Published:  17 December, 2019

Capri Holdings, owner of fashion brands Jimmy Choo, Versace and Michael Kors, has signed a definitive agreement to acquire Italian atelier and shoe manufacturer Alberto Gozzi, located in Pistoia, Italian region of Tuscany.

The Alberto Gozzi factory has been owned and operated by the Gozzi family since its founding in 1974 and produces high-end shoes for many top luxury brands. In the immediate future, the factory is to develop and produce shoes for the Jimmy Choo and Versace brands, while the production of Michael Kors Collection shoes will be added at a later date. “We are excited to welcome all of Gozzi’s talented craftsmen to the Capri Holdings Group”, said John D. Idol, Chairman and CEO, Capri Holdings. “This acquisition allows us to further align with the industry’s best practices and to strengthen our technical competencies while cementing our position in the global luxury market.”