On Saturday 8 March, Italian group Colella Holding has officially submitted the request to obtain a part of the Ittierre Spa company and further has put in an offer to buy the business, in front of the Court of Isernia (Tribunale di Insernia).

The group, based in the Italian Molise region (also home of Ittierre) operates in different industrial areas such as food & beverage, hospitality and tourism. With this step, Colella Group strives to create a fashion pole, utilizing the highly specialized and developed textile and apparel segment in this region of Italy.

Colella Group wants to create a new company within its holding, focused on the fashion segment. Its aims include the acquisition of an apparel brand, the signing of licensing agreements in the designer-apparel and accessory segments, and a related fashion pole in the industrial district of Ittierre Spa in Pettoranello di Molise.

Among others, one part of the overall re-launch plan by Colella Holding will be the involvement of external consulting manager Antonio Arcaro, long-term member of the Ittierre group, who is now involved in the restructuring of the Rifle brand.