Italian luxury ready-to-wear and knitwear label Fabiana Filippi, founded in 1985, has made a major change to its shareholding structure. The family of Giacomo Filippi Coccetta, Fabiana Filippi’s co-founder and president, has sold its entire stake in the label to Ventisettetredici S.r.l., a company owned by the family of Giacomo’s brother Mario, the label’s CEO and co-founder.
Mario Filippi Coccetta – Fabiana Filippi
“The operation is part of the company’s evolution process. The company’s strategic and operational activities will continue to develop in line with the current business plan,” said Fabiana Filippi in a press release, adding that “the decision is the result of a shared evaluation and a desire to ensure greater stability to the ownership structure in the medium to long term.”
In the press release, Mario Filippi Coccetta thanked Giacomo’s family for their contribution to the company’s growth and for helping strengthen its competitive position. Fabiana Filippi is determined to continue to invest in its DNA and to consolidate its distinctive identity, with an emphasis on product quality and manufacturing excellence, the company added.
Fabiana Filippi, founded in Giano dell’Umbria, near Perugia, is distributed via some 700 stores in over 60 countries, and operates monobrand stores in fashion capitals like Milan, London and Paris. In 1990, Fabiana Filippi started to manufacture its branded knitwear. Ready-to-wear was added in 2000, and later accessories. According to financial press sources, Fabiana Filippi S.p.A.’s revenue in 2024, the latest available figure, was approximately €53.6 million, down 26.75% from the approximately €73.2 million recorded in 2023. In 2024, the company recorded a loss of approximately €5 million.
The label is named after Fabiana, the daughter of Giacomo and Donatella Filippi Coccetta (the latter was until now in charge of product development). In September, Fabiana, 40, left the family business to enter the beauty sector, founding luxury skincare brand F2O.
