Tengram invests in Luciano Barbera

The fresh capital will enable the company to invest in international expansion through its existing wholesale partners and to develop of its own retail stores.

Following completion of the deal, Todd Barrato, formerly CEO of North American operations for Brioni, will be appointed CEO of Luciano Barbera.

Tengram focuses on growth and turnaround investments in the consumer and retail sectors. Earlier this year, the GP invested in US-based sportswear brand Tommie Copper.

Company
Headquartered in the Piedmont town of Biella and founded in 1971, Luciano Barbera is a luxury menswear brand. The company distributes its clothing through department stores in Europe, the US and Russia and has showrooms on renowned fashion shopping streets Via Montenapoleone in Milan and Fifth Avenue in New York. It manufactures its products entirely within Italy.

People
William Sweedler is co-founder and managing partner of Tengram. Luciano Barbera is founder of the Luciano Barbera brand and will continue in a non-executive chairman role. Todd Barrato is CEO of the company.

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• Topics
• Southern Europe
• Consumer
• Expansion
• Italy