FSI has become the controlling shareholder of Missoni, increasing its stake in the Italian fashion group rather than pursuing a sale to international buyers, according to Italian daily Il Sole 24 Ore.

The transaction preserves domestic ownership of the brand, which has been a symbol of Italian luxury since 1953. FSI will partner with the Fassin and Bachmueller families, who have acquired around 25% through their holding company Katjes Quiet Luxury.

Missoni has emerged from the pandemic with strengthened financial performance. Turnover has doubled to approximately €130m, or around $143m, while EBITDA is expected to reach roughly €20m, equivalent to about $22m, this year.

The company has also delivered commercial momentum. The Spring/Summer and Autumn/Winter 2026 collections, led by creative director Alberto Caliri, recorded sales growth of 30%, outperforming several larger luxury peers.

The new ownership structure maintains continuity in governance. Livio Proli, formerly of Giorgio Armani, remains CEO, while FSI co-founder Barnaba Ravanne continues as Chairman. The existing management team stays in place.

For FSI, the move reinforces its strategy of backing high-quality Italian consumer and luxury assets with international growth potential. Rather than exiting, the firm has opted to deepen its commitment, positioning Missoni for a new phase of expansion with additional capital and strategic support.

The Missoni family will step back from ownership but remain custodians of the brand’s heritage through the Ottavio and Rosita Missoni Foundation.

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