The Missoni Group is pleased to announce that the agreement redefining its shareholding structure was completed yesterday. FSI, already a shareholder in Missoni with a 41.2% stake, has become the majority shareholder with approximately 73% of the Company’s capital. The German group Katjes International, controlled by the Fassin and Bachmüller families, has acquired an approximately 27% stake through its subsidiary Katjes Quiet Luxury, which already owns the prestigious luxury brand Bogner. This partnership marks the beginning of a new phase of growth, supported by two financially strong shareholders united by a shared passion and a long-term vision. From both an operational and strategic perspective, the key message is one of continuity. Chief Executive Officer, Livio Proli, and the current management team will continue to lead the Company along the path that, despite the challenges posed by Covid and the broader geopolitical environment, has enabled Missoni to more than double its revenues, surpassing €130 million, while achieving significant profitability. The newly appointed Board of Directors will see Barnaba Ravanne, Co-Founder and Co-Managing Partner of FSI, assume the role of Chairman. The Company’s employees would like to sincerely thank the Missoni family, with the conviction that the Missoni brand will remain faithful to its distinctive heritage and to its unique ability to reassure and inspire at the same time, in full coherence with its core values and aesthetic identity.