Italian fashion industry players are continuing their efforts to operate an increasingly integrated supply chain. The latest is Venetian luxury sneakers specialist Golden Goose, which announced it has acquired its main supplier, the Italian Fashion Team company, led by CEO Michele Zonno and his family.
 

“Golden [Goose]’s artisanal heritage is reflected in the quality of hand-made objects. Each of our products tells a unique story of craftsmanship and excellence, featuring extraordinary people and sustainable manufacturing methods. As we continue this wonderful journey, we want partners who share our values of authenticity and quality,” said Silvio Campara, CEO of Golden Goose.
 
IFT was founded in 2007 and is based in Casarano, in the province of Lecce, Italy. It has a workforce of over 250 people and it specialises in designing, producing and commercialising high-end sneakers for some of the most renowned luxury labels in Italy, handling all the key stages of the supply and manufacturing chain. In 2021, IFT produced more than 700,000 pairs of sneakers and, according to official figures, it generated sales in excess of €36 million.