MILAN — Denim specialist Dondup and pant-maker PT Torino have named a new chief executive officer, recruited from within the executive ranks of their owner.
Mauro Grange, founding partner of the Made in Italy Fund, a private equity group managed by Quadrivio and Pambianco, which own the two brands, is succeeding Matteo Anchisi in the CEO role at both fashion labels. Anchisi had been CEO at Dondup since 2019 and CEO at PT Torino since 2023.
“I am pleased to personally guide the companies through the next phase of their development, which will entail a further strengthening of the collections and a stronger focus on communication to increase brand awareness,” Grange said in a statement. “These are both outstanding examples of Italian excellence, renowned for their heritage, quality, innovation and attention to detail. Communication will play a key role in transforming and enhancing the brands, contributing to the achievement of excellent business performance.”
Made in Italy Fund first invested in Dondup in 2021, acquiring the label from L Catterton. The latter had acquired Dondup through the European arm of L Capital in 2009 and then through L Capital Asia in 2015. L Capital has since been folded into L Catterton. Matteo Marzotto was also a shareholder and president of Dondup since September 2016 and exited the brand after the takeover of the company by the Made in Italy Fund.
Mauro Grange, CEO of Dondup and PT Torino.
Lele Sandrini/Courtesy of Dondup
Dondup was founded in 1999 in Fossombrone, in Italy’s central Marche region, by Massimo Berloni and Manuela Mariotti. Both exited the company shortly after the arrival of L Catterton. The brand produces men’s and women’s ready-to-wear collections and is entirely made in Italy.
It is understood that the C-suite change is in preparation for a revamp of the brand.
The Made in Italy Fund — which controls also 120% Lino, Rosantica and GCDS, among other brands — invested in PT Torino in 2023, delisting the company from the Milan Bourse by acquiring the 74.4 percent stake in the company previously held by Pierangelo and Edoardo Fassino’s Fhold holding. The latter has agreed to reinvest a 20 percent stake in the brand.
Looks from PT Torino.
Courtesy of PT Torino
