Page 16 - Sustainability Report 2019

CHAPTER 1 | The search for beauty with a commitment to sustainability
RATTI SPA
GUANZATE, COMO (ITALIA) VIA MADONNA, 30
CREOMODA SARL SOUSSE (TUNISIA) ROUTE DE KONDAR – KALAA KEBIRA 4060 SOUSSE
LA MAISON DES ACCESSOIRES SARL SOUSSE (TUNISIA) ROUTE DE KONDAR – KALAA KEBIRA 4060 SOUSSE
RATTI USA INC.
NEWYORK (USA) 8 WEST, 38TH STREET
RATTI INTERNATIONAL TRADING (SHANGHAI) CO. LTD SHANGHAI (CINA) ROOM 303B, N. 118 XINLING ROAD WAIGAOQIAO FREE TRADE ZONE
S.C. TEXTROM SRL
CLUJ-NAPOCA (ROMANIA) FLORESTI, LUNA DE SUS, STR. HALA NR. 10
Corporate structure
The Ratti Group consists of the parent company Ratti SpA (Italy), the subsidiaries Textrom Srl (Romania), Creomoda Sarl (Tunisia), La Maison des Accessoires Sarl (Tunisia), Ratti International Trading (Shanghai) Co Ltd (China), Ratti USA Inc. (United States) and an equity investment in Marielle Srl (Italy).
Ratti SpA holds 100% of the shares of Ratti USA Inc. Ratti International Trading (Shanghai) Co. Ltd and Textrom Srl. Creomoda Sarl, which is 76% controlled by Ratti, has a 90% stake in Società La Maison des Accessoires Sarl, which was established in March 2019 for the purposes of hemming, sewing, and making fabrics and other textile articles.
On 16 July 2019 the parent company Ratti SpA finalised its acquisition of 30% of the share capital of Marielle Srl, the historical Florentine company specialising
in the production of garments and knitwear for the world’s main luxury brands .The headquarters are at
Guanzate (Como), as are the general management and the sales management. This is also the location of the manufacturing and marketing of printed and yarn-dyed fabrics in silk, wool, cotton, linen and other fibres for clothing, neckwear, furnishings and fabric accessories. The management, coordination and control of all the companies that make up Ratti SpA is carried out by the Parent company directly exercising the appropriate functions that have been identified.
There are two workshops at Sousse, in Tunisia, belonging to Creomoda Sarl and La Maison des Accessoires Sarl respectively. These are involved, in particular, in the hemming phase of women’s accessories, while the Textrom Srl plant at Floresti (Romania) specialises in the printing of finished garments, knitwear and leatherwear. There is also a sales office in New York (United States) and an office in Shanghai (China), which deal with
the purchasing and marketing of fabrics and finished products.
14
RATTI S.P.A.
CREOMODA S.A.R.L. TUNISIA (76%)
RATTI USA INC. USA (100%)
RATTI INTERNATIONAL TRADING (SHANGAI) CO. LTD.
CINA
(100%)
S.C. TEXTROM S.R.L. ROMANIA (100%)
LA MAISON DES ACCESSOIRES S.A.R.L. TUNISIA
(90%)
MARIELLE S.R.L. ITALIA (30%)
Ratti makes an equity investment in the Marielle
knitwear producer
Just as, for Ratti, the art of savoir-faire has always been an absolute priority in cementing the company’s leadership position in the market, so the equity investment made in Marielle Srl, the historical Florentine knitwear producer, underlines this business policy and vision.
The operation to acquire 30% of Marielle, which was set up in the early 1960s and has always been a partner of the world’s main fashion houses, will allow the Guanzate company
to widen its offer and to satisfy its customer requests more broadly. This new Ratti operation represents an opportunity for the Group’s development plan to bolster its offer, as an organisation that has always been in step with technological equipment innovation and extremely high standards of technical/specialist expertise. Contemporary style and fluidity in the creation of garments and accessories – these are the key
concepts of this Florentine company. The firm boasts a production network housed within plants specialised in the manufacturing of garments and accessories that are among the most sophisticated in all aspects of finery, made by employees and partners of proven experience and passion.
“The Marielle operation – commented Sergio Tamborini, CEO of Ratti – is an important step in our development policy. It will enable us, thanks to the high quality of the knitwear producer, to create new production synergies and to further improve links with the commercial network”.
“This operation – declares Andrea Distante, CEO of Marielle – whereby the Ratti Group acquires shares, is essential for the long-term success of our organisation which, with its know-how, will be able to provide constant support in putting ideas and creativity into practice”.
From the perspective of continuous development and diversification
of offer, the alliance between Ratti and Marielle is strategic in terms
of growing the men and women’s accessory business, and aims to cement the Guanzate company’s leadership role in this area.