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The Marzotto Group is an Italian textile manufacturer, based in Valdagno.
Created in 1836 as the Lanificio Luigi Marzotto & Figli. In 2005 Marzotto Group's textile business separated from Valentino Fashion Group.
The Group manufactures woollen and cotton yarns for clothing, and through equity investments, woollen yarns for knitwear, linen yarns and silk.
After Gaetano's death in 1910, Marzotto S.p.A. split in two, so his grandson took over the Maglione factory and his son Vittorio Emanuele Marzotto, who has been credited with leading the company into the export business, took over the Valdagno operations.
During the World War II, the company was under government control. However, Gaetano recover the company at the end of the conflict and took advantage of the Italian economic miracle.
In the 1950s, Marzotto S.p.A. diversified in the manufacturing of private-label menswear, Principe by Marzotto. After going public in 1961 with a listing on the Milan exchange market Borsa Italiana, the company started exporting its products to the United States. To reduce labour costs, 40 percent of the clothing production would eventually be transferred there.
The development of the Marzotto group continued in 2009, acquiring the NTB Nuova Tessilbrenta brand, specialized in the production of cotton casual and sportswear; It also stipulates the collaboration agreement with the Schneider Group, an important and recognized player in the sector in the acquisition and combing of wool and noble fibers, which provides for the creation of a joint production company for the processing of wool, in which Marzotto participates with 30% shares, based in a new plant in Egypt. In October 2009, Marzotto acquired, together with Faber Five, a company owned by Antonio Favrin, 66.7% of Ratti, one of the most important Como companies in the world of silk, founded in 1945 by Antonio Ratti.
In July 2018, Davide Favrin, a Management Engineering graduate and son of Antonio, the historical manager and shareholder of the company, first as CEO in 2002 and then as president since 2004, was appointed CEO, replacing Sergio Tamborini, at the head of the group since 2006.
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