Morellato Group takes over sales activities of Fossil Group Italy
The Italian jewelry and watch group Morellato, which has also included the German Christ Group since the beginning of 2023, has acquired the sales activities of the Fossil Group in Italy.
The Fossil Group, which will also be exhibiting at this year’s Inhorgenta, has a portfolio that includes the brands Fossil, Emporio Armani, Armani Exchange, Michael Kors, and Diesel. Morellato plans to establish its own exclusive sales organization for traditional specialist retailers.
“We believe in the industry, we believe in specialized retailers—the historical hub of the Italian market. They are at the heart of our strategy because of the expertise they represent and their irreplaceable role in enhancing brands and consumer relations,” explained Massimo Carraro (left), President of the Morellato Group, emphasizing the strategic value of the acquisition.
