STORIES AND NEWS
Arezzo&Co. announces Paris Texas as the new member of the group
With the transaction, Arezzo&Co acquires 65% of the company’s capital. The founders retain 35% of the business and remain at the helm of operations.
Redação
Kicking off the month of March on the right foot, Arezzo&Co today announces its latest international achievement: the acquisition of Paris Texas, recognized as one of Europe’s leading women’s footwear brands. With this move, the company adds another member to its group.
Annamaria Briovio and Massimo Baltimora founded Paris Texas in 2015 in the city of Milan. The brand quickly gained prominence for its ability to set trends and create iconic products, driving accelerated growth and high profitability. With a loyal customer base throughout Europe, Paris Texas offers Arezzo&Co numerous opportunities for expansion in its international strategy.
“Estamos aliando nossa história de sucesso no mercado brasileiro e americano à criadores, empreendedores italianos, país com a maior tradição mundial na produção de calçados de luxo, podendo assim usar as melhores práticas de ambos os lados, com objetivo de gradualmente criar uma (Global Luxury Shoes Platform)”.
Paris Texas finds in its partnership with Arezzo&Co one of its main growth opportunities, especially through expanding its distribution in the American market, leveraging the company’s expertise in developing a solid omnichannel ecosystem. Furthermore, the influence of the Italian brand and its strong relationships with high-quality suppliers and manufacturers in the European market open up various possibilities for Arezzo&Co.
With the transaction, Arezzo&Co acquires 65% of the company’s capital. The founders retain 35% of the business and remain at the helm of operations.
