01 Jun 2022

Morellato Group purchases CLEOR

November 14 2019 – Morellato Group acquirses French jewelery leader CLEOR.

Morellato Group announces its acquisition of the CLEOR retail chain, one of France’s biggest players in prêt-à-porter jewellery.

The CLEOR Group – a turnover of 80 million euros in 2019 and 800 employees – boasts 140 boutiques in key malls found in France’s biggest shopping destinations, and offers both products and services of a high standard.

With this acquisition, Morellato Group has made more headway in its international expansion project. Launched in 2018, the strategy has already seen the acquisition of Rome-based online business Kronoshop, and French wholesaler Mister Watch.

“This project pitches our Group’s turnover over the 270 million Euro. The forecast for 2020 is approaching 300 million Euro, with over 60% generated by foreign markets”, states Massimo Carraro, President of Morellato Group.

related

01 Jun 2022

Morellato new opening in the heart of Rome

Morellato has made its grand entrance in the centre of Rome, with the opening of a new flagship store in ultra-central Via del Corso.

23 May 2023

Morellato Group announces the entry of Francesca Ginocchio into the board of directors

Morellato Group announces the new entry of Francesca Ginocchio on the board of the parent company Morellato SpA. Since 2020 Global Marketing Advisor of the Morellato Group, Francesca Ginocchio has...

01 Jun 2022

OUI&ME: le temps des fleurs

OUI & ME, the French women’s watch brand, arrives in Italy with the first official presentation in Milan.

12 Jul 2024

Morellato Group and KARL LAGERFELD: New License Agreement

Milan/Paris, July 12, 2024 - Morellato Group and the Maison KARL LAGERFELD announce that they have signed a licensing agreement for the production and distribution of KARL LAGERFELD-branded jewelry and...

related