As the Carlyle Group announced last week, Simona Barbieri has assigned her minority interest of 10% of the share capital to TWINSET. As a result, Carlyle increases its own rights in the company from 90% to 100%.

In addition to its Golden Goose Deluxe Brand, Hunkemoller and the previous investment in Moncler, the Carlyle Group’s investment in the Italian fashion brand TWINSET-SIMONA BARBIERI is a further important step in the European fashion and clothing sector.

In addition to selling her shares, designer and founder Simona Barbieri has announced her resignation as the company’s Creative Director and Director.

“We are very grateful for the work Simona Barbieri has done. She is a talented designer with a distinctive vision and we wish her all the best for the future,” commented Alessandro Varisco, CEO of TWINSET on the founder’s departure. He went on to set out clear goals for the future: “With Carlyle’s industry expertise and strong international network, we will strengthen TWINSET’s global presence and increase the brand’s product quality.”

Marco De Benedetti, Managing Director and Co-Head of Carlyle Europe Partners, is convinced of TWINSET’s potential. He believes that TWINSET’s future lies in the global market. “The management team will further expand the international positioning of the brand and further develop the company in a successful way.”

Images: TWINSET

//AO