Milan, February 18, 2020 – Morellato Group acquires the jewelry stores D’Amante.
Morellato Group announces the acquisition of the jewelry stores chain D’Amante.
D’Amante Group with 16 million euros of turnover in 2019 and 180 employees, boasts 35 stores located within the most important Italian shopping centers.
With this new acquisition, the third in a year after Mister Watch and the Cleor Group in France, Morellato Group continues the strategy of integrating the supply chain: from creation to production up to reaching the final consumer directly.
“This new acquisition marks the step towards a further strengthening of our widespread presence on the Italian territory with 220 stores directly managed in Italy, within the shopping centers and railway stations, to which 140 stores in France are added”, declares Massimo Carraro, President of Morellato Group. “D’Amante will be our second brand in Italy, joining the Bluespirit retail chain, with a specific focus on precious jewelery and offering the best brands in the sector starting from those of Morellato Group”, concludes Carraro.