Acquired in 2024 by the Miroglio Group, Trussardi closed 2025 with revenue of €29 million, up 70%. FashionNetwork.com spoke to Alberto Racca, CEO of Trussardi and the Piedmont-based group, about the company’s future plans for the greyhound‑emblem label.
“We did not acquire Trussardi with the prospect of an immediate return, but to rebuild the brand on solid and credible foundations, bringing it back into the spotlight,” the manager explains. “In the first year we focused on reorganising the company, whilst last year we made substantial investments, including in marketing and communications, which naturally affected profitability, resulting in an EBITDA loss of €1 million. It is difficult to make forecasts for this year, given how fluid the environment is, but we will certainly see a further increase in revenue and we may return to profitability.”
The “formula” identified by the Miroglio Group is to continue developing Trussardi as a lifestyle brand, “an area in which Nicola Trussardi was a true pioneer,” Racca emphasises. “We have retained all our lines of business: in addition, of course, to fashion- which accounts for more than 90% of turnover- we have the world of interiors, which also includes wallpaper and home textiles and extends into residential; and then there are beauty, jewellery, eyewear, fragrances, and childrenswear, all managed under licence. What matters to us is that, across all these extensions, our positioning matches- if not exceeds- that which we have in fashion.”
As for luxury real estate, in a few months’ time the fashion house will launch the Trussardi Residences project in Dubai, developed in collaboration with Luxury Living. “It’s a sector we believe in strongly, just as we think there is great potential for Trussardi in the Middle East in general, where standalone stores could open next year,” adds the CEO. “Another area of particular interest to us, because we see it as aligned with the brand’s DNA, is yachting. Next October, in fact, we will be the lifestyle partner of the Genoa International Boat Show, where, in addition to supplying the furnishings, we will organise a variety of events and initiatives.”
On the retail front, Trussardi currently has 11 standalone stores, including two recently opened in Como and Verona, and has several new openings planned for the coming months. “We will be opening further stores in Italy, in Catania and Bergamo, and abroad in Turkey, Uzbekistan, Armenia, Montenegro, and Russia. It will be a mix of company-owned and franchised stores, and we are delighted that so many entrepreneurs believe in the brand and are joining us in this project,” Racca explains. “As for wholesale, we have a strong presence in department stores, the main ones for us being Rinascente and The White Crow, an Indian department store operated by the Reliance Brands Limited group. We will pursue orderly and selective growth in wholesale, seeking opportunities that give us the right visibility and partnerships that endure over time.”
Italy currently accounts for around 25% of Trussardi’s business, whilst the leading overseas markets are Poland, the Balkans, Turkey, and Russia. “We are also growing strongly in Central Asia and in India, where the brand made its debut last year with very positive results,” the manager concludes.
The Miroglio Group closed 2025 with net revenue up 2.5% to €602.3 million.
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