Maroquinery: Furla Drunks her contenders Close the panel Open the Plume panel Le Figaro App -icon - 512px V1 1 - Style/Logotypes/Le Figaro/Apps/Games

Maroquinery: Furla Drunks her contenders Close the panel Open the Plume panel Le Figaro App -icon - 512px V1 1 - Style/Logotypes/Le Figaro/Apps/Games

Italian bag manufacturer Furla wants to continue on its way alone and remain a family business, despite the offers of foreign groups which he is the subject, said in Reuters on Friday and main shareholder.The Furlanetto family, which founded the brand almost a century ago and still owned it, has managed to double the turnover of Furla in the past four years.It established 513 million euros in 2018, up 5.2% at constant exchange rates.

"We are very courted and it is undoubtedly flattering: there are very important names, they offered us a lot of money.But for the moment, the idea is to continue as now, ”said Giovanna Furlanetto.Several luxury companies and Italian fashion claws, notably Gucci, Loro Piana and Bulgari, have passed under the foreign pavilion in recent years, which shows the challenges that independent groups, often of family type, to compete with large conglomerates.

Furla, known for its sober and neat creations, has built its success on growing craze, especially in Europe, for more accessible luxury products.The group has been considering for years a possible IPO to finance its growth, but Giovanna Furlanetto said that nothing pressed."Our goal is healthy organic growth," she said."The rating of the company is an option, but there is certainly no emergency", adding that nothing indicated that family members holding a minority participation wished to monetize it.

Giovanni Furlanetto, who inherited the group of his father, with his two brothers, holds a majority participation.His son sits on the board of directors but has no operational role in the management of the group.