Frette
 | This article needs additional citations for verification. (April 2015) |
 | |
| Company type | Private |
|---|---|
| Industry | Textiles |
| Founded | 1 December 1860 (as Frette, Payre &
Chaboud) Grenoble, France |
| Founders | Jean Baptiste Edmond Frette Alexandre Payre Charles Chaboud |
| Headquarters | Monza, Italy |
Area served | Over 100 global locations |
| Products | Luxury linens and home lifestyle products |
| Owner | Raza Heritage Holdings |
| Website | www |
Frette (/frɛˈteɪ/[1] freh-TAY) is an Italian textile company that manufactures bed and bath linens. Established in Grenoble, France, in 1860, it was relocated to Concorezzo, Italy, five years later. Their headquarters are currently in Monza, Italy. As of 2023[update], the company owns and operates over 100 boutiques worldwide.[2]
History
[edit]Jean Baptiste Ennemonde (Edmond) Chavasse Frette was born on 12 June 1838, in Grenoble, France, to Jean Claude Chavasse Frette, a fabric dyer, merchant, and manufacturer of socks and knitted shirts, and Marie Maréchal. After her husband died in 1840, Marie took up the activity of millinery to support her children.
On December 1, 1860, Edmond Frette, together with Charles Chaboud and Alexandre Payre, established Frette, Payre & Chaboud for "the commerce and manufacture of fabrics."[citation needed] Chaboud became the financial officer, and Payre and Frette became traveling merchants. As a traveling merchant, Frette started working in Italy, an export market and a source of materials. He first established himself in the Versilia area in Tuscany.[3]
Between 1862 and 1863, Edmond Frette arrived in Monza and established another company branch. In the second half of the 1860s, Frette centralized production in his own factories.[citation needed] Coarse B2B products constituted the most significant portion of Frette's trade. Until 1999, Frette was owned by the descendants of Edmond Frette's Italian backers, Giuseppe Maggi and Carlo Antonietti.
Company timeline
[edit] |
- 1860: Jean Baptiste Edmond Frette, Alexandre Payre and Charles Chaboud manufacture and begin distributing home linens from Grenoble, France.
- 1865: Two plants established in Concorezzo, Italy near Monza with production of luxury fabrics on Jacquard looms.
- 1878: Opens its first retailing shop in Manzoni, Milan, which still operates today.[4]
- 1880: The Ministry of Foreign Affairs for the Kingdom of Italy commissions Frette to produce linen for the Ministry and all Italian embassies worldwide, beginning a tradition that continues to this day.
- 1881: Frette wins the Gold Medal Award at the National Exhibition in Milan and becomes an official "Provider to the Royal House."
- 1886: Introduces the first catalog sales and begins retailing outside Italy.[4]
- 1887: Frette opens a store in Rome.
- 1889: Frette opens a store in Turin.
- 1894: Creates the Tablecloth of the "Holy Virgin" for the altar of St. Peter's Basilica in Rome based on a drawing by the French painter Meurillion.
- 1902: Frette opens a store in Genoa.
- 1904: Frette opens a store in Florence.
- 1909: Edmond Frette dies at age 71 on August 29.
- 1911: Dresses the banqueting room of the Titanic. Frette's products are still used today on the Orient Express train.
- 1976: The last mail-order catalog was issued.
- 1977: First Frette boutique opens in Bond Street, London.
- 1978: Frette, Inc. is established in the United States.
- 1999: Descendants of the company's founders cede control to the Italian fashion group Fin.part.
- 2004: JH Partners, a San-Francisco-based private equity firm purchases Frette from Fin.part.
- 2009: Supplied linen to G8’s presidential rooms with assistance from the Head of Brand Alliance Michele Cascavilla.[5]
- 2013: Frette launches the European ecommerce website, www.frette.com.
- 2014: JH Partners sells controlling stake in Frette to Change Capital for an undisclosed sum.[6]
- 2015: The historic Frette store in Monza is closed.[7]
- 2019: Frette introduces a new capsule collection of bedding, loungewear, and accent pieces called Album03.[8]
- 2023: Change Capital sells Frette to private holding company, Raza Heritage Holdings.[9][10]
See also
[edit]
References
[edit]- ^ Frette's Laurence Franklin On Luxury Fabrics, retrieved 26 November 2023
- ^ "Frette Stores Across All Simon Shopping Centers". www.premiumoutlets.com. Retrieved 11 November 2023.
- ^ "History of Frette | Luxury Bedding Since 1860". eu.frette.com. Retrieved 11 November 2023.
- ^ a b "History of Frette | Luxury Bedding Since 1860". eu.frette.com. Retrieved 7 December 2022.
- ^ "Michele Cascavilla, giovane milanese e re delle lenzuola: "Veglio io su vostri sogni"". ilGiornale.it (in Italian). 10 December 2014. Retrieved 12 November 2023.
- ^ "Change Capital buys Italian luxury linen brand Frette". Reuters. 15 July 2014. Retrieved 13 November 2023.
- ^ "Lo storico negozio Frette di Monza ha chiuso: addio a secoli di storia". Il Cittadino di Monza e Brianza (in Italian). 3 April 2015. Retrieved 12 November 2023.
- ^ DeAcetis, Joseph (11 October 2019). "How Italian Heritage Linen Brand Frette Expanded Into A Global Lifestyle Success Story". Forbes. Retrieved 13 March 2020.
- ^ Celeste, Sofia (6 September 2023). "Change Capital Partners Sells Frette". WWD. Retrieved 13 November 2023.
- ^ "Chinese Billionaire Said to Invest in $214 Million Frette Buyout". Bloomberg.com. 7 September 2023. Retrieved 13 November 2023.
