Blumarine parent Blufin to cease manufacturing; 20 employees to be placed on furlough

Rumours had been circulating in style circles for a while. Today introduced affirmation, reported by the day by day Il Resto del Carlino: Blufin, the joint-stock firm behind the Blumarine model, will cease manufacturing over the course of this 12 months.

An extraordinary furlough scheme has already been deliberate for the 20 remaining employees, following voluntary redundancies on a person foundation that started in spring 2025. For the time being, each the corporate and the commerce unions are sustaining the utmost confidentiality.

The Blufin group was formally based in 1988, however its story started eleven years earlier, in 1977, when Anna Molinari and her husband, Gianpaolo Tarabini Castellani, based Blumarine. The identify evokes an open blue horizon: the ocean, an emblem of infinite journeys and potentialities.

The group was acquired in November 2019 by Eccellenze Italiane Holding (proprietor of the Liu Jo model), since renamed Exelite, beneath its president Marco Marchi, with a plan to broaden and assert itself on the worldwide market, thereby sealing the union between the 2 style powerhouses from Carpi (MO).

Today, nevertheless, this growth has been introduced, following carefully on the heels of the switch of the enterprise unit comprising Blufin’s shops and outlet shops to Marchi’s holding firm, Exelite S.p.A. According to the Bologna-based day by day, the switch has been efficient since January 1 and has resulted in all Blumarine retailer employees becoming a member of Exelite’s workforce.

The transaction was described by Marchi as a “strategic choice” geared toward “the event and safety of the Blumarine model.”

All this in a market context described as “extremely complex, due to the concurrence of various factors.” For Marchi, “the sale is a part of a broader logic of group synergy,” Il Resto del Carlino additional reported.