Caruso (fashion brand)

Last updated
Raffaele Caruso S.p.A.
Industry Fashion
Founded1958;67 years ago (1958)
FounderRaffaele Caruso
Headquarters
Soragna
,
Italy
Key people
Marco Angeloni (CEO)
Revenue€40 million (2023)
Number of employees
450 (2024)
Parent Lanvin Group (Fosun International)
Website carusomenswear.com

Caruso is an Italian luxury menswear manufacturer based in Soragna, near Parma. Founded in 1958 by Neapolitan tailor Raffaele Caruso, the company produces its own ready-to-wear collections and manufactures menswear collections for various international luxury brands. [1] [2] All production is carried out at its Soragna facility, where traditional Neapolitan tailoring techniques are integrated with modern industrial processes. [1]

Contents

History

Caruso was founded in 1958 by Raffaele Caruso, a Neapolitan tailor who established the Fabbrica Sartoriale Italiana in Soragna, Emilia-Romagna. [2]

In 2009, the company was acquired by Umberto Angeloni, former CEO of Brioni, who aimed to modernise the house while maintaining its artisanal heritage. [3] Caruso opened its first flagship store in New York City in 2014. [4]

In October 2017, the Chinese investment group Fosun became Caruso's majority shareholder through a capital increase, following a 35 percent stake acquired in 2013 through its subsidiary Lanvin Group (formerly Fosun Fashion Group). [5] Aplomb, the holding company of Umberto Angeloni and Ruggero Magnoni, retained a minority share. [3] After the acquisition, Marco Angeloni, son of Umberto Angeloni and former operations director, was appointed CEO. [3] As of 2018, the company employed over 600 people. [3]

In 2019, Caruso appointed Aldo Maria Camillo, a former designer at Zegna, Valentino, Cerruti 1881, and Berluti, as its first creative director. The company closed its Milan and Paris boutiques to concentrate on wholesale operations, relocated its Milan showroom from Via Montenapoleone to Largo Augusto, and opened a permanent showroom at 501 Madison Avenue in New York. [1]

In January 2023, Max Kibardin succeeded Aldo Maria Camillo as creative director. Under his direction, the company maintained its focus on tailoring while broadening its product range to include coats and knitwear, and reducing its sportswear lines. [5] In 2023, Caruso's revenue increased by approximately 30%, reaching €40 million, making it the fastest-growing brand within Lanvin Group. [5]

As of 2024, the company employed about 450 people at its Soragna facility, which the group described as the largest menswear production site in Italy. [5]

Legacy

In 2018, the municipality of Soragna named a street Via Caruso in honour of Raffaele Caruso, recognising his role in the local textile industry. [2]

References

  1. 1 2 3 Muret, Dominique (2019-07-25). "Caruso se relance avec une image rénovée et Aldo Maria Camillo au style". FashionNetwork.
  2. 1 2 3 Corradi, Chiara (2018-05-03). "Soragna inaugurerà via Raffaele Caruso: una vita per l'economia del Paese -". Il Parmense.
  3. 1 2 3 4 Muret, Dominique (2017-11-10). "Caruso passe aux mains de son partenaire chinois Fosun". FashionNetwork.
  4. ↑ "Caruso, lo stile italiano da Soragna a New York". La Repubblica . 2014-11-15.
  5. 1 2 3 4 Muret, Dominique (2024-05-06). "Caruso, prête à se transformer en pépite pour le groupe Lanvin". FashionNetwork.
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