Italian entrepreneur Matteo Marzotto has just acquired a minority stake in the Dondup brand and was appointed its new president. Its former president Massimo Berloni will remain with the brand as honorary president. Manuela Mariotti, who co-founded the brand in 1999 with Berloni, will remain creative director.
In 2010, LCapital (now L Catterton) had entered the brand and became majority owner in 2015. The buy-in of former Valentino president Matteo Marzotto with his long experience in the textile, fashion and luxury businesses is part of a clear positioning and global development strategy by Dondup.
“I’m convinced that there is always room for projects that have heart, innovation and passion,” commented Matteo Marzotto. “With Dondup I want to share the experience I gained in fashion and luxury, a work that has always enthused me and I think expresses the most authentic meaning of the best Italian savoir-faire. I am happy that I can work in a creative context made up of talented people I deeply admire.”