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Marzotto Group

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Marzotto Group is an Italian textile manufacturer with historic roots in wool spinning, yarns, fabrics, and vertically integrated apparel production.

Last updated August 31, 2026

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Overview

Marzotto Group is an Italian textile manufacturing group headquartered in Valdagno, in the Veneto region. Its origins date to 1836, when Luigi Marzotto established a wool mill known as Lanificio Luigi Marzotto & Figli. The enterprise developed under successive generations of the Marzotto family and became one of Italy's major textile businesses, combining industrial wool production with later activities in cotton, silk, linen, clothing, and related textile operations. The company's early development was closely connected with the industrialization of Valdagno. Luigi Marzotto transferred the business to his son Gaetano in 1842, and the family subsequently expanded its spinning capacity, including through the acquisition of the nearby Maglione factory after Italian unification. By the early twentieth century, the business employed more than 1,200 people. After the death of Gaetano in 1910, the enterprise was divided between family branches, with Vittorio Emanuele Marzotto directing the Valdagno operations and other relatives taking responsibility for Maglione. During the interwar period, Gaetano Marzotto Jr. modernized the company and helped it withstand the economic crisis of the 1930s. The group also broadened its industrial and agricultural activities. During the Second World War, the business came under government control, but the family recovered control after the conflict and benefited from Italy's post-war economic expansion. Marzotto also played an important social role in Valdagno by supporting schools, hospitals, recreation, and other services for employees and the local community. The group diversified beyond yarn and fabric in the post-war decades. In the 1950s it entered private-label men's clothing with Principe by Marzotto. It listed on the Milan stock exchange in 1961 and began exporting more actively, including to the United States. Some clothing production was later transferred abroad as the company sought to control labor and manufacturing costs. From the 1980s through the 2000s, Marzotto pursued a broad acquisition strategy. It acquired Lanerossi in 1987, becoming a highly integrated European wool producer, and bought Hugo Boss in 1991 and the Nová Mosilana wool mill in the Czech Republic in 1994. A proposed 1997 combination with HPI would have created a major designer-clothing group, but negotiations ended without completion. The episode was followed by a change in chief executive leadership, with Jean de Jaeger becoming the first non-Marzotto to hold that role. The family nevertheless remained influential, and Pietro Marzotto later acquired Liteksas in Lithuania and Valentino in 2002. A major structural change occurred in 2005, when the textile business was separated from Valentino Fashion Group. The textile operations continued to develop through investments and partnerships in wool, cotton, silk, linen, and other noble fibers. In 2009 the group acquired the NTB Nuova Tessilbrenta brand and entered a production collaboration with the Schneider Group for wool and noble-fiber processing in Egypt. That year it also acquired, together with Faber Five, a 66.7 percent interest in Ratti, the Como-based silk specialist founded in 1945. The supplied reference identifies Davide Favrin as chief executive from July 2018, replacing Sergio Tamborini, who had led the group since 2006. Marzotto's modern identity is therefore rooted in industrial textile manufacturing rather than consumer-facing retail alone, with capabilities and equity interests spanning yarns, fabrics, wool processing, cotton textiles, silk, and associated apparel materials.

History

Marzotto Group traces its history to 1836, when Luigi Marzotto founded a wool mill in Valdagno under the name Lanificio Luigi Marzotto & Figli. In 1842 he handed the business to his son Gaetano. Following Italian unification, Gaetano expanded the enterprise by acquiring the nearby Maglione spinning factory, and the combined operations grew to more than 1,200 employees. After Gaetano's death in 1910, the business was divided between family branches. Vittorio Emanuele Marzotto took responsibility for the Valdagno operations, while another branch controlled the Maglione facility. Gaetano Marzotto Jr. inherited the Valdagno mill in 1920 and modernized it during the decade. The company expanded during the interwar period, recovered the Maglione mill, and survived the Great Depression without nationalization. In 1935, Gaetano also established an agricultural complex between Fossalta di Portogruaro and the Venetian Lagoon, naming it after his wife, Margherita Lampertico Marzotto. The company was placed under government control during the Second World War. After the conflict, the family regained control and the business benefited from the Italian economic boom. Marzotto's industrial presence was accompanied by extensive local social provision in Valdagno, including schools, medical facilities, entertainment, and other services for workers. In 1951, the Marzotto family created the Marzotto Prize, which recognized achievement in areas including medicine, science, poetry, journalism, theatre, and painting. In the 1950s, Marzotto diversified into private-label men's clothing through Principe by Marzotto. The company went public on the Milan stock exchange in 1961 and developed export business in the United States. Over time, a substantial portion of clothing manufacturing was transferred abroad to reduce production costs. The 1980s and 1990s brought a major acquisition phase. Lanerossi was acquired in 1987, giving Marzotto a highly integrated European wool position. Hugo Boss followed in 1991, and the Nová Mosilana wool mill in Czechoslovakia was acquired in 1994. In 1997, Marzotto announced negotiations to merge with HPI, potentially creating a very large designer-clothing manufacturer. The negotiations were abandoned, Pietro Marzotto resigned as chief executive, and Jean de Jaeger became the first non-family chief executive. Pietro Marzotto continued as a major shareholder and later acquired Liteksas in Lithuania in 2000 and Valentino in 2002. The textile business was separated from Valentino Fashion Group in 2005. Marzotto subsequently concentrated on textile manufacturing and related equity investments. In 2009, it acquired NTB Nuova Tessilbrenta, entered a wool-processing collaboration with Schneider Group involving a facility in Egypt, and acquired a 66.7 percent interest in Ratti with Faber Five. These moves broadened the group beyond wool into cotton casualwear, sportswear, silk, and noble-fiber processing. In July 2018, Davide Favrin was appointed chief executive, replacing Sergio Tamborini. The group's historical development illustrates a transition from a family-owned Valdagno wool mill to a diversified Italian textile group with international production, investment holdings, and exposure to both industrial fibers and fashion-related materials.

  • 2018

    Davide Favrin became chief executive

    [1]

    Davide Favrin replaced Sergio Tamborini as chief executive in July.

  • 2009

    Expansion into cotton and silk interests

    [1]

    The group acquired NTB Nuova Tessilbrenta, partnered with Schneider Group, and acquired a majority interest in Ratti with Faber Five.

  • 2005

    Textile business separated from Valentino Fashion Group

    [1]

    Marzotto's textile operations were structurally separated from Valentino Fashion Group.

  • 2002

    Valentino acquired

    [1]

    Pietro Marzotto acquired Valentino, which had been experiencing difficulties under HPI.

  • 2000

    Liteksas acquired

    [1]

    Pietro Marzotto acquired Lithuanian wool-garment manufacturer Liteksas, supporting a lower-cost production strategy.

  • 1997

    HPI combination abandoned

    [1]

    A proposed merger with HPI was not completed, and the episode led to a change in chief executive leadership.

  • 1994

    Nová Mosilana acquired

    [1]

    The group acquired the Czech wool mill Nová Mosilana.

  • 1991

    Hugo Boss acquired

    [1]

    Marzotto expanded its fashion and apparel portfolio through the acquisition of Hugo Boss.

  • 1987

    Lanerossi acquired

    [1]

    The acquisition strengthened Marzotto's position as an integrated European wool producer.

  • 1961

    Company listed in Milan

    [1]

    Marzotto S.p.A. went public on the Milan stock exchange and expanded exports, including to the United States.

Products and positioning

An established Italian textile-industrial group positioned around long manufacturing heritage, vertical or closely coordinated control of fiber and textile processes, and expertise in wool, cotton, silk, linen, and apparel materials.

  • Wool textiles · 1836

    Wool yarns and fabrics

    Wool is the historical core of Marzotto's business. The group developed from a Valdagno wool mill into an integrated producer with capabilities in spinning and woolen textiles. Its wool activities serve clothing and other textile applications, while acquisitions such as Lanerossi and Nová Mosilana expanded the group's industrial base and geographic reach.

  • Cotton textiles

    Cotton yarns and fabrics

    Marzotto manufactures cotton yarns and textiles for apparel and related uses. The group's later investment in NTB Nuova Tessilbrenta broadened its exposure to cotton casualwear and sportswear production, complementing its traditional wool specialization.

  • Yarns

    Knitwear yarns

    Through its textile activities and equity investments, Marzotto supplies woolen yarns used in knitwear. These products connect the group's fiber-processing expertise with fashion and garment manufacturers requiring yarns for knitted clothing.

  • Linen textiles

    Linen yarns

    Linen yarns form part of the group's broader portfolio of natural-fiber products. The supplied reference identifies linen as one of the fiber categories covered through Marzotto's manufacturing and investment activities.

  • Silk textiles · 2009

    Silk textiles

    Marzotto's silk exposure was strengthened through its 2009 acquisition, with Faber Five, of a 66.7 percent interest in Ratti. Ratti is a Como-based silk specialist founded in 1945, giving the group a position in a higher-value natural-fiber segment.

  • Private-label menswear · 1950

    Principe by Marzotto

    Principe by Marzotto was the group's private-label men's clothing line introduced during the 1950s. Its launch represented Marzotto's move beyond raw and semi-finished textile production into finished apparel and brand-related manufacturing.

  • Fiber processing · 2009

    Wool and noble-fiber processing

    The group expanded its processing network through a collaboration with Schneider Group. The arrangement involved wool and other noble fibers and included a production company based at a new facility in Egypt, in which Marzotto held a 30 percent interest according to the supplied reference.

Brand decisions

  • 2018

    Chief executive successionOther

    Background

    Sergio Tamborini had led the group since 2006.

    Action taken

    Davide Favrin was appointed chief executive in July 2018.

    Aftermath

    Favrin succeeded Tamborini as the group's chief executive.

    Source

  • 2009

    Expansion through NTB and RattiM&A

    Background

    Marzotto sought to diversify its fiber and textile portfolio beyond traditional wool manufacturing.

    Action taken

    The group acquired NTB Nuova Tessilbrenta and, with Faber Five, acquired 66.7 percent of Ratti.

    Aftermath

    The transactions expanded Marzotto's presence in cotton casualwear, sportswear, and silk.

    Source

  • 2009

    Wool-processing partnership in EgyptStrategy

    Background

    Marzotto aimed to extend its processing capabilities and international production footprint for wool and noble fibers.

    Action taken

    The group formed a production collaboration with Schneider Group and participated with a 30 percent stake in a new wool-processing company in Egypt.

    Aftermath

    The arrangement added an international processing base to Marzotto's textile network.

    Source

  • 2005

    Separation from Valentino Fashion GroupStrategy

    Background

    The group's textile manufacturing activities had become organizationally distinct from its fashion assets.

    Action taken

    Marzotto's textile business was separated from Valentino Fashion Group.

    Aftermath

    The separation clarified Marzotto's identity as a textile-focused group.

    Source

  • 2002

    Acquisition of ValentinoM&A

    Background

    Valentino had been struggling under HPI, while Marzotto was seeking to expand its fashion portfolio.

    Action taken

    Pietro Marzotto acquired Valentino.

    Aftermath

    Valentino became part of the wider group before the later separation of the textile business from Valentino Fashion Group.

    Source

  • 1997

    Proposed combination with HPIM&A

    Background

    Marzotto and HPI explored a merger intended to create a very large designer-clothing manufacturer.

    Action taken

    The negotiations were halted by Pietro Marzotto and the proposed combination did not proceed.

    Aftermath

    Pietro Marzotto resigned as chief executive, and Jean de Jaeger became the first non-Marzotto chief executive.

    Source

  • 1991

    Acquisition of Hugo BossM&A

    Background

    Marzotto was broadening from industrial textiles into branded and designer apparel.

    Action taken

    The group acquired Hugo Boss.

    Aftermath

    The acquisition increased Marzotto's exposure to international fashion and apparel markets.

    Source

  • 1987

    Acquisition of LanerossiM&A

    Background

    Marzotto was expanding through acquisitions to strengthen its position in European wool manufacturing.

    Action taken

    The group acquired Lanerossi.

    Aftermath

    The transaction helped Marzotto become one of Europe's first fully integrated wool producers.

    Source

  • 1961

    Public listing and export expansionStrategy

    Background

    After decades of family-led industrial development, Marzotto sought broader capital access and international growth.

    Action taken

    Marzotto S.p.A. listed on the Milan stock exchange and expanded exports, including to the United States.

    Aftermath

    The move supported the group's transition into a more internationally oriented textile and apparel business.

    Source

Sources1 sources

  1. 1Marzotto Groupen.wikipedia.org

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