Sowind Group and PPR jointly announced today the launch of a reserved capital increase of Sowind Group that will be fully subscribed by PPR. PPR will then become the majority shareholder of Sowind with a 50.1 % stake. PPR already owned a 23% share based on a strategic partnership agreement signed in 2008 when Sowind was controlled by Luigi Macaluso, who passed away in October last year. … [Read more...]
Sowind Group Announces Reorganization
November 17, 2010 By Leave a Comment
Sowind Group (Girard-Perregaux and Jeanrichard) has announced a management reorganization following the sudden death of Chairman Luigi Macaluso on October 27. Monica Mailander Macaluso has been appointed Chairman of the Board of the Sowind Group holding company, while the directorship and operational management have been entrusted to Stefano and Massimo Macaluso, Chairman and CEO of Sowind SA … [Read more...]
Sowind Group Chairman Luigi Macaluso Passes Away
October 27, 2010 By 1 Comment
Sowind Group (Girard-Perregaux and JEANRICHARD) has issued a statement announcing that its Chairman, Luigi Macaluso, has unexpectedly passed away at age 62 after suffering a heart attack. Luigi, known as “Gino” by those closest to him, was born in Turin, Italy, in 1948. He was married to Monica and the father of four children, Stefano, Massimo, Anna and Margherita. More than 10 years ago, his … [Read more...]
Girard-Perregaux Opens Flagship Boutique on Madison Avenue
April 15, 2010 By Leave a Comment
Girard-Perregaux continues its expansion with the opening of its first American boutique at 701 Madison Avenue, the prestigious home to some of the world’s finest luxury brands. The Leonori building, constructed in 1902 and designated a city landmark, houses Girard-Perregaux between 62nd and 63rd streets. All of the Brand’s collections, including the Haute Horlogerie models and limited … [Read more...]
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