Corneliani is an

Italian Italian(s) may refer to: * Anything of, from, or related to the people of Italy over the centuries ** Italians, a Romance ethnic group related to or simply a citizen of the Italian Republic or Italian Kingdom ** Italian language, a Romance languag ...

menswear Fashion is a term used interchangeably to describe the creation of clothing, footwear, Fashion accessory, accessories, cosmetics, and jewellery of different cultural aesthetics and their mix and match into Clothing, outfits that depict distinct ...

manufacturer best known for its suits and

sportcoat A sport coat, also called a sport jacket (or sports coat or sports jacket in American English), is a men's smart casual lounge jacket designed to be worn on its own without matching trousers, traditionally for sporting purposes. Styles, fabrics, ...

s. The company distributes its products in over 70 countries worldwide through multi-brand stores and around 90 single-brand boutiques; Corneliani also manufactures and delivers

made-to-measure Made-to-measure (MTM) typically refers to custom clothing that is cut and sewn using a standard-sized base pattern. Suit (clothing), Suits and sport coats are the most common garments made-to-measure. The fit of a made-to-measure garment is expec ...

suits worldwide. Its

revenue In accounting, revenue is the total amount of income generated by the sale of product (business), goods and services related to the primary operations of a business. Commercial revenue may also be referred to as sales or as turnover. Some compan ...

in 2017 was €110 million. Corneliani has been 55%-owned by

Investcorp Investcorp is a global manager of alternative investment products, for private and institutional clients. Founded in Bahrain in 1982, the firm has offices in United States, United Kingdom, Saudi Arabia, Qatar, United Arab Emirates, India, China, ...

since 2016.

History

Originally a family-owned firm, its history stretches back to the 1930s when Alfredo Corneliani set up a small business making

raincoat A raincoat is a waterproof or water-resistant garment worn on the upper body to shield the wearer from rain. The term rain jacket is sometimes used to refer to raincoats with long sleeves that are waist-length. A rain jacket may be combined wit ...

s and coats, which was then put on hold during

World War II World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the wo ...

. Alfredo's sons Claudio and Carlalberto later set up Corneliani S.p.A. in

Mantua Mantua ( ; ; Lombard language, Lombard and ) is a ''comune'' (municipality) in the Italian region of Lombardy, and capital of the Province of Mantua, eponymous province. In 2016, Mantua was designated as the "Italian Capital of Culture". In 2 ...

in 1958. In 1985 the company set up Corneliani USA Inc. in New York to distribute its ranges throughout the US and Canada. In 1997 Corneliani opened its flagship store in Via Montenapoleone, in

Milan Milan ( , , ; ) is a city in northern Italy, regional capital of Lombardy, the largest city in Italy by urban area and the List of cities in Italy, second-most-populous city proper in Italy after Rome. The city proper has a population of nea ...

. In 2005 Corneliani received the Leonardo Prize for Quality, awarded by the

President of Italy The president of Italy, officially titled President of the Italian Republic (), is the head of state of Italy. In that role, the president represents national unity and guarantees that Politics of Italy, Italian politics comply with the Consti ...

to Italian companies which promote Italian-made goods. In 2008 Corneliani opened a mono-brand boutique on

London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

’s

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. In 2012 Corneliani Shanghai Ltd was founded and in 2013 a directly-owned

flagship store A flagship is a vessel used by the commanding officer of a group of navy, naval ships, characteristically a flag officer entitled by custom to fly a distinguishing flag. Used more loosely, it is the lead ship in a fleet of vessels, typically ...

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was opened. Today, Corneliani employs 600 tailors, seamstresses and pattern makers in Mantua, which is still where its core products are made. In 2014,

Bill de Blasio Bill de Blasio (; born Warren Wilhelm Jr., May 8, 1961; later Warren de Blasio-Wilhelm) is an American politician who was the List of mayors of New York City, 109th mayor of New York City, mayor of New York City from 2014 to 2021. A member of t ...

gave his inaugural speech as mayor of New York in a Corneliani suit, and the tenor

Andrea Bocelli Andrea Bocelli (; born 22 September 1958) is an Italian tenor. He rose to fame in 1994 after winning the newcomers' section of the 44th Sanremo Music Festival performing " Il mare calmo della sera". Since 1994, Bocelli has recorded 15 solo st ...

got married in Corneliani suit. In June 2016, the

Bahrain Bahrain, officially the Kingdom of Bahrain, is an island country in West Asia. Situated on the Persian Gulf, it comprises a small archipelago of 50 natural islands and an additional 33 artificial islands, centered on Bahrain Island, which mak ...

-based investment group

acquired a 55% stake in Corneliani from the company's family members for $50 million, valuing the company around $100 million. Following this purchase, Carlalberto Corneliani stepped down as CEO of the company. In July 2018, Corneliani opened an online retail store in the United States. In November 2018, Luigi Ferrando replaced Paolo Roviera as CEO of the company. In December 2019, Giorgio Brandazza was appointed CEO of Corneliani. In January 2021, after the

coronavirus pandemic The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December ...

negatively affected the company's sales, the Italian Ministry for Economic Development allowed it to keep running until April 15, 2021 until a new investor would be found. The Corneliani family still holds 20% of the company.

References

External links

* {{Portal bar, Fashion, Italy, Companies Italian companies established in 1930 Clothing brands of Italy Clothing companies established in 1930 Italian suit makers Fashion accessory brands High fashion brands Altagamma members Menswear designers Privately held companies of Italy Design companies established in 1930 Companies based in Mantua