Morellato Group takes over sales activities of Fossil Group Italy
The Italian jewelry and watch group Morellato, which has also included the German company since the beginning of 2023 Christ Group It has acquired the sales activities of the Fossil Group in Italy.
The Fossil Group's portfolio, which also includes this year's Inhorgenta The brands that will be exhibiting include Fossil, Emporio Armani, Armani Exchange, Michael Kors, and Diesel. Morellato plans to establish its own exclusive distribution organization for traditional retailers.
„We believe in the industry, we believe in the specialized retail trade – the historical linchpin of the Italian market. It is at the heart of our strategy because of the know-how it represents and its irreplaceable role in enhancing brands and in the relationship with the consumer,“ explained Massimo Carraro (left), President of the Morellato Group, who emphasized the strategic value of the acquisition.
