Italy Shoe Brand Bruno Magli Sell For Half A Year, Then Apply For Bankruptcy.

　　 Italy Shoe brand Bruno Magli has applied for bankruptcy after six months of resale. However, Bruno Magli SpA may find new buyers within 60 days of the creditor's declaration period. It is said that the brand American distributor, the agent specializing in footwear products, GMI USA Corp. founder and chief executive officer Stefano Maroni intends to purchase.

In early January 2014, Da Vinci Invest AG, an independent Asset Management Co in Switzerland, acquired Bruno Magli SpA from the London hedge fund Fortelus Capital Management LLP. At the same time, she appointed the new chief executive of the company to become effective immediately.

　　 Designer Bruno Magli founded Bruno Magli brand famous for footwear in Bologna, Italy in 1936. In 2007, Fortelus Capital Management LLP acquired Bruno Magli SpA from another private equity fund Opera, and strengthened its distribution network in Europe, the Middle East, the United States and Asia, and developed a strong global wholesale business. Based on product categories, handbags, small leather goods, and men's and women's Mini garment series were developed on the basis of core footwear. Bruno Magli SpA hired designer Max Kibardin as creative director in 2011, and appointed Gabriella Di Carlo as the new business director at the end of 2012.