Cinelli has sold, again
07-09-21, 02:47 PM
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Cinelli has sold, again
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07-09-21, 02:51 PM
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Google translation of the article title and first paragraph.
Cinelli becomes stars and stripes. And it points to the fashion industry
After 100 years of history, Antonio Colombo sells the majority of the shares to the Texan entrepreneur Victor Luis, who wants to add to the historic brand clothing and accessories
Cinelli becomes stars and stripes. And it points to the fashion industry
After 100 years of history, Antonio Colombo sells the majority of the shares to the Texan entrepreneur Victor Luis, who wants to add to the historic brand clothing and accessories
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07-09-21, 03:15 PM
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07-09-21, 03:43 PM
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Interesting. It looks like the new owner has extensive background with high-end, luxury brands. I'm guessing the brand will continue in that direction, although it already kinda was trying to.
No mention on the bike line. I've had 2 modern, Taiwan-welded Cinellis that I've sold in the last 5yrs and both went way quicker than I expected. A Tipo Pista for $350 (paid $300 on Amazon) and a Hobootleg for $600 (bought as $199 frameset, also from the big A)
No mention on the bike line. I've had 2 modern, Taiwan-welded Cinellis that I've sold in the last 5yrs and both went way quicker than I expected. A Tipo Pista for $350 (paid $300 on Amazon) and a Hobootleg for $600 (bought as $199 frameset, also from the big A)
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07-09-21, 04:00 PM
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I had already forgotten that I saw that posted somewhere this morning. ClassicRendezvous, maybe..
Last edited by beech333; 07-09-21 at 05:56 PM. Reason: I'm an idiot.
07-09-21, 04:02 PM
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07-09-21, 04:16 PM
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07-09-21, 07:50 PM
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"I recognized in Victor Luis the perfect understanding of my vision of merging cycling with art, culture, design, technology and competition, combined with an undisputed and proven managerial and organizational ability." That's the big highlighted quote in the middle of the page.
Stuff like this makes the 63 year old cynical version of me laugh. As if what the buyer thinks of the seller's "vision" matters one little bit. And as if the seller has anything to do about what the buyer's ulitmate "vision" turns out to be. The Cinelli name on WalMart bicycle-shaped objects? Flying C logos on edible underwear? A string of "Cino's Cheap Eats"? All possible, albeit rather unlikely. The point is that the seller has f*** all to say about it once the money changes hands and the contracts are signed regardless of the lipstick-on-a-pig PR twaddle.
Stuff like this makes the 63 year old cynical version of me laugh. As if what the buyer thinks of the seller's "vision" matters one little bit. And as if the seller has anything to do about what the buyer's ulitmate "vision" turns out to be. The Cinelli name on WalMart bicycle-shaped objects? Flying C logos on edible underwear? A string of "Cino's Cheap Eats"? All possible, albeit rather unlikely. The point is that the seller has f*** all to say about it once the money changes hands and the contracts are signed regardless of the lipstick-on-a-pig PR twaddle.
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07-09-21, 08:35 PM
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...I currently own two 80's SC's. Just repainted one of them a beautiful shade of Naples yellow, with a slight surface iridescence. So I am safe from whatever the rich Americans decide to do with the bikes.
I've been riding the white one lately, just because I can.
...I currently own two 80's SC's. Just repainted one of them a beautiful shade of Naples yellow, with a slight surface iridescence. So I am safe from whatever the rich Americans decide to do with the bikes.
I've been riding the white one lately, just because I can.
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07-10-21, 06:27 AM
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Wikipedia identifies the company as "Tapestry", which it says is headquartered not in Texas but in NYC.
(I'd thought that all US companies of this size were headquartered in dodgy buildings in Delaware. I must have been misinformed.)
"A new beginning is coming soon..." Oh, wait, no -- that's Bob Jackson.
(I'd thought that all US companies of this size were headquartered in dodgy buildings in Delaware. I must have been misinformed.)
"A new beginning is coming soon..." Oh, wait, no -- that's Bob Jackson.
07-10-21, 06:44 AM
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I think it’s just their bank accounts that are located in Delaware along with a PO Box.
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07-10-21, 10:32 AM
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07-10-21, 05:09 PM
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Cinelli sold again? When were they first sold?
07-10-21, 05:16 PM
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07-10-21, 05:16 PM
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Wikipedia also says Luis left the company in September 2019
edit:
Cinelli shoes.
https://www.worldfootwear.com/news/d...tors/5195.html
edit:
Cinelli shoes.
https://www.worldfootwear.com/news/d...tors/5195.html
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85 Shogun 800 -- 86 Tommasini Super Prestige -- 92 Specialized Rockhopper -- 17 Colnago Arabesque
Last edited by droppedandlost; 07-10-21 at 05:21 PM.
07-10-21, 06:34 PM
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07-10-21, 08:54 PM
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I sit corrected. That web page also relates his excitement about his then-new job:
This kind of flatus has a minor macabre fascination for me. I do wonder if anyone, anywhere, read this and thought: "Ah, so he's going to be supporting the execution of global strategies; delighted to hear it!"
Anyway, does all of this mean that there'll be "Cinelli" brand pedals optimized for uggs?
"I am excited to join the Deckers Board of Directors. I have long admired itsportfolio of iconic brands that blend fashion and performance innovation to drive consumer connections. I look forward to supporting the management team in the execution of global strategies that build upon the success they have driven over the past few years", commented Mr. Luis.
Anyway, does all of this mean that there'll be "Cinelli" brand pedals optimized for uggs?
07-10-21, 09:22 PM
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It's a race between Cinelli and Colnago to see who can be the first Ferrari copycat to offer branded aftershave and soap.
-Kurt
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07-10-21, 11:41 PM
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"I recognized in Victor Luis the perfect understanding of my vision of merging cycling with art, culture, design, technology and competition, combined with an undisputed and proven managerial and organizational ability." That's the big highlighted quote in the middle of the page.
Stuff like this makes the 63 year old cynical version of me laugh. As if what the buyer thinks of the seller's "vision" matters one little bit. And as if the seller has anything to do about what the buyer's ulitmate "vision" turns out to be. The Cinelli name on WalMart bicycle-shaped objects? Flying C logos on edible underwear? A string of "Cino's Cheap Eats"? All possible, albeit rather unlikely. The point is that the seller has f*** all to say about it once the money changes hands and the contracts are signed regardless of the lipstick-on-a-pig PR twaddle.
Stuff like this makes the 63 year old cynical version of me laugh. As if what the buyer thinks of the seller's "vision" matters one little bit. And as if the seller has anything to do about what the buyer's ulitmate "vision" turns out to be. The Cinelli name on WalMart bicycle-shaped objects? Flying C logos on edible underwear? A string of "Cino's Cheap Eats"? All possible, albeit rather unlikely. The point is that the seller has f*** all to say about it once the money changes hands and the contracts are signed regardless of the lipstick-on-a-pig PR twaddle.
07-11-21, 07:37 AM
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I will let what takes place going forward color my judgement.
any of these purchases place a burden on the company to pay for the purchase, that monetization of the brand could be the trick.
any of these purchases place a burden on the company to pay for the purchase, that monetization of the brand could be the trick.
