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Brunello Cucinelli started his couture house in 1978 with a specialty for Mongolian cashmere garments for women. [4]In June 2014, owner Brunello Cucinelli, transferred the ownership of Fedone S.r.l. (which owned 61.56% of the fashion brand) to a new trust, Esperia Trust Company S.r.l., in a move to benefit his daughters and pursue his philanthropic work.
Cucinelli's first product was cashmere wool sweaters in bright colors. [5] In 1977 he started making dyed cashmere in a small workshop. He founded Brunello Cucinelli SpA in 1978 with the Italian lira equivalent of about $550; [6] after the initial public offering of Brunello Cucinelli SpA his personal net worth exceeded $1 billion.
The Falcotto line of shoes, created for children who crawl and toddlers, was introduced by Falc in 1982. Six years later in 1988, this company of Marche Region launched the Naturino line on the market whose characterising features are the ‘sand effect’ system and a slip-out insole.
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The safe -- which contained several watches, chains, personal items, jewelry, and cash -- was stolen, along with a designer suitcase and designer bags, authorities said.
The FBI raided a pawn shop in New York City’s Diamond District and charged two men with conspiring to receive stolen goods in connection with a spate of burglaries, authorities said Tuesday ...
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