fashion box group corporate profile structure & philosophy Fashion Box Group An Authentic Denim Heritage J Jeans are more than just a piece of clothing. They do not only last for a season. Jeans blend with the body, are moulded by the body into an indissoluble whole, becoming one with the wearer in a sublime symbiosis. Jeans reflect just who we are – slipped on in seconds, shaped over the years as the fabric adapts to and enhances every single curve and fold. This is why they’re so sexy. This is why they’re still so rebellious, still a symbol of dressing and thinking outside the box. Above all, this is what makes them so unique. No two pairs are ever the same, just as no two people are ever the same. Yet there’s nothing haute couture or high class about jeans. They’re democratic. Fashion Box Group A Clothing Manifacturer Since 1981 4 5 Fashion Box S.p.a. Innovative flair, characteristic Italian design and the superb quality of its products, have always been three cornerstones of Fashion Box S.p.A’s philosophy. In addition to distinctive skill and expertise, this has made the Italian group a major player in international denim styling and production. Trading under the brands REPLAY, REPLAY&SONS, and WE ARE REPLAY, the Italian group creates, promotes and distributes casual wear, accessories and footwear for men, women and children. Brand extension projects, including eyewear and the Replay perfume lines, are entrusted to licence partners. Established in 1981 and based in the hilltop town of Asolo (Treviso), a place of worldwide renown for creativity, Fashion Box has been the synonym for the highest standards in the denim sector for more than 30 years. Since 2010, Equibox Holding S.p.A., a company controlled by Matteo and Massimo Sinigaglia, has been Fashion Box S.p.A.’s majority shareholder while the Buziol family, the long-standing partner, is its minority shareholder (49%). Since its foundation, Fashion Box has developed, and stuck to, its key strategy: product vision, expansion into new markets and increasing control of the distribution network. As a result, Fashion Box is now prominent in all European markets, the Middle East, Asia, America and Africa in over 50 countries, with the wholesale distribution network boasting 3,000 sales outlets with 200 retail stores. Exports account for 85% of the turnover. Fashion Box Group A Clothing Manifacturer Since 1981 OWNERSHIP Equibox Holding S.p.A., controlled by Matteo and Massimo Sinigaglia, has been Fashion Box S.p.A.’s majority shareholder (51%) since 2010 with the Buziol family, the long-standing partner, having a 49% share. Fashion Box Group A Clothing Manifacturer Since 1981 6 7 Headquarters Based in a 25,000 square-metre reproduction of an early 20th century American industrial building and set at the foot of the breathtaking Asolo hills, the Fashion Box plant is the place where the Replay concept takes form by blending old and modern, past and future, tradition and technology. Being an international presence with a local heart is one of Fashion Box’s strong points and represents its development strategy. Fashion Box Group A Clothing Manifacturer Since 1981 production units The Asolo plant is the system’s nerve centre where research and creative development thrive. The entire production process is planned and monitored, from the very first sketches through to the prototype and to the finished garment. Here, too, is the integrated logistics platform, whereby the items from the various production areas (approximately 6 million per year) are received, checked, sorted and shipped. The warehouse is wired in to provide immediate business solutions and services. The companies in the Group are supported at central level by an integrated IT system which regularly introduces innovative features to sustain and strengthen cooperation between all stages of company processes. The Group’s focus on research and flexibility guarantees its mobility in an ever-changing market. The Fashion Box combination of vast experience and advanced know-how, alongside an extensive search for distinctive style using sophisticated techniques, constitutes the intrinsic value of its garments, and thus, much of the Group’s investment is focused on stylistic and technological research into materials. All stages of collection design, purchase of raw materials and garment production are closely monitored by Group companies, whereas product packaging and personalisation is executed by a network of specialised external laboratories in order to maintain maximum production flexibility and optimum quality standards. The final product can also boast the exclusive nature of garments conceived in Italy. Fashion Box Group 8 Replay - a Portrait 9 Chronology 1978 1981 1989 1991 Claudio Buziol registers the REPLAY brand. Fashion Box, specialising in casual shirts, is founded. Replay reinvents double-ring denim jeans. In just two years production reaches one million garments. The Replay total look is expanded to thousands of articles in the collection. A kids’ clothing line, Replay&Sons, is launched. 1994 1996 1999 2001 Replay branches into underwear design. The group expands to new Asian and Middle East markets. Fashion Box builds its new 25,000 m2 headquarters in Asolo near Treviso. September sees the opening of a new 800 m2 store in Corso Vittorio Emanuele in Milan. The Sugi International Limited in Hong Kong signs a licensing agreement for the production and distribution of shoes under the Replay and Replay & Sons brands. 2003 2006 2008 We Are Replay, the Group’s high-end jeans wear line, makes its appearance. The Replay brand celebrates its 25th anniversary at the Abbey of San Gregorio in Venice. The Claudio Buziol Foundation moves into the Mangilli-Valmarana palazzo in Venice in May while autumn sees the arrival of the new Replay Fragrances and the Replay Time & Jewel watch and jewellery line. 2009 2010 The company boasts a total of 220 stores. The Replay on-line flagship store opens in May. Equibox Holding S.p.A. acquires 51% of Fashion Box. The Red Seal and White Seal lines are launched. The new Retail concept is introduced to the flagship stores in Milan and Paris and celebrated with internationally-acclaimed events attended by celebrities from the world of music and entertainment. 2011 The Replay brand celebrates its 30th anniversary. The new Retail concept is also applied to the Barcelona and London stores. A number of important international openings take place with the company strengthening trade development in the Asian market. The Fashion Box Japan branch, direct distributor of all the brands, opens. 2012 The Dragon Box Trading subsidiary opens in March with the task of guiding trade activities in China. The company continues to develop the Retail channel worldwide. In July the opening ceremony for the first Chinese flagship store in Beijing (500 m2), in the Sanlitun Village, is held. The new Replay store in Daikanyama, in the centre of Tokyo, opens at the end of August. 2013 Replay signs a four-year deal with FC Barcelona to provide the first team, and the rest of the club’s sportsmen and women, with clothing and footwear. 2014 The new Milan Replay Flagship store Replay the Stage opens. Designed like a film set with a variety of breathtaking backdrops, this spectacular store sees customers become characters in their own fantasy film. Replay the Stage re-defines the popular concept of retail experience and signals the beginning of a new era for Replay consumers. January and July mark the beginning of the Israeli and Russian branches of Replay. Fashion Box Group Replay - the Financial Picture 10 11 markets The Group Turnover is divided into: 67% EUROPEAN UNION 18% REST OF THE WORLD 15% ITALY Fashion Box Group Wholesale Distribution Controlled Companies The Fashion Box group includes over 26 subsidiaries divided into four main groups: holding companies under the Group’s direct control, industrial companies involved in the design and production of items of clothing, wholesale trading companies distributing Group products within specific markets and retail trading companies, and managers of own sales outlets. • Corus Fashion BV Amsterdam (NL) Distribution Netherlands • Replay Box SA Bruxelles(B) Distribution Belgium and Luxembourg • Stockholm Box AB Stockholm (S) Distribution Sweden • Brand Box GmbH Wien (A) Distribution Austria • Fashion Box France SARL Paris (F) Distribution France • Eastern Fair GmbH Wien (A) Distribution Eastern Europe • Fashion Box Switzerland AG Buch (CH) Distribution Switzerland • Fashion Box Espana SL Barcelona (E) Distribution Spain • Fashion Box Greece SA Athens (GR) Distribution Greece, Cyprus, Macedonia, Romania and Bulgaria • Dragon Box Trading Co. Ltd Shanghai (PRC) Distribution China • Fashion Box UK Ltd London (UK) Distribution UK and Ireland • Fashion Box Deutschland GmbH Duesseldorf (D) Distribution Germany • Fashion Box HK Ltd Hong Kong (HK) Distribution Far East, Australia and Middle East • Fashion Box Japan Ltd Tokyo (JP) Distribution Japan Fashion Box Group Brand Portfolio 12 13 brand portfolio The name “REPLAY” evokes the brand’s mission to reinterpret clothing from the past with a contemporary twist. When the word “REPLAY” flashed up on screen during the 1978 World Cup, Claudio Buziol knew this was the perfect name for his forward-looking clothing line with a strong vintage feeling. Thus, the denim and smart casual wear, which now accounts for around 85% of the Group’s production, came into being. Aimed at discerning consumers who are looking for authentic, quality products, the Replay total look collections consist of around 1,000 items each season, available in over 15 categories. All items are the product of painstaking research into materials, textile production and washes, and are distributed mainly through high-end specialised jeans stores, flagship stores and quality department stores. Fashion Box Group Fashion Box Group Brand Portfolio Brand Portfolio brand portfolio brand portfolio With the desire to extend the Replay adult line heritage to children, Replay & Sons was created in 1991. The Junior line takes care of those in the 4-14 age range, while Replay & Sons Baby line is aimed at kids between 6 and 36 months. The children’s line maintains the same design as the adult range, continuing the irony and originality of the Replay brand while offering practical comfort and easy wear. Inspired by curiosity and a constant search for stimulating trends and details, the line triumphs every season by offering a contemporary, lively and imaginative product. Replay & Sons is distributed through specialised sales outlets, mono-brand stores, selected Replay Stores and department stores. In 2001 the Replay experience extended into footwear by granting a licence to Sugi International Limited, a major Hong Kong trading company operating worldwide. Almost overnight, footwear became a great success for the Group, so much so that Orient Box Limited, a joint venture between Fashion Box S.p.A. and the licensee was created in 2008. Offering collections ranging from casual to dressy, urban to city, REPLAY footwear is now a top brand in the world of denim. Its hand-crafted look combines past experience and contemporary spirit while maintaining the brand’s characteristic essence. Unusual combinations of materials, washes and processes commonly used in the clothing industry are applied to make each type of shoe a unique item. Thanks to a close collaboration between clothing and footwear designers, a distinctive use of graphics and the ongoing research for new materials, the Replay footwear collections keep innovating the footwear scene. Replay footwear is currently available in more than 40 Countries in Europe, Asia and the Middle East through a selected network of more than 1,200 footwear and clothing specialists. Fashion Box Group Brand Portfolio brand portfolio Born in 2003, We Are Replay is an exclusive highend total look collection based on the vast experience gained by the Group over the years. The most significant elements of the Replay background have been carefully re-proposed to create innovative and exclusive products. Handmade manufacturing, over-dyeing, the richness of detail and experimental fabrics are for sophisticated and stylish people looking for originality, elegance and uniqueness. The line is distributed through Replay Stores, boutiques and top retailers. Fashion Box Group 16 Replay Stores 17 stores & Retail concept Retail has always been a powerful strategic lever for the brand’s international development and an effective way of projecting company image and philosophy. Hence the launch of the Stores Project in 1990. Now numbering 200 mono-brand stores and as many (190) corners and shop-in-shops, the innovative design of Replay stores expresses the products’ authenticity in a strikingly original context. The Replay Stores concept aims to go beyond the classic idea of a store as a mere container displaying goods where quantitative and aesthetic factors dominate, by examining the emotions connected to nature and organised space, and the desire to find somewhere reinvigorating, even in the heart of the city. Thus, the perception of emotions is the starting point of the revolutionary Replay project that is manifest in the exciting, refreshing store design that manages to express both the Replay brand philosophy and the spirit of the city in which it is located. While natural materials like wood and iron evoke industrial archaeology, a skilled human hand has transformed the interiors to create a perfect balance between art, matter and sensorial impact. The newly-opened Milan Replay flagship store, Replay the Stage, takes the retail concept even further. Inspired by denim’s connection to the movie and theatre world, the store is a dynamic film set where customers star in an everchanging cinematic spectacle: they ascend a large, open industrial steel staircase in the centre of the space and see equipment and elements that make up a true Hollywood stage. The rough-polished concrete floor leads to various painted stage sets, each of which reveals its special function; a sun-cracked abandoned barn in the American mid-west is mysteriously full of jeans, the Tailor Shop is a fully-working premises where customers may be measured and have a pair of jeans custom-made. Replay the Stage is a multi-level experience that is fun, enthralling and conveys a glimpse of movie magic and the creative process. Fashion Box Group Fashion Box Group “Replay the Stage” “Replay the Stage” Replay “The Stage” Milan, Female Fashion / Denim Room Replay “The Stage” Milan, Denim Room Replay “The Stage” Milan, Footwear Area Replay “The Stage” Milan, Female Fashion Fashion Box Group “Replay the Stage” Replay “The Stage” Milan, In-Store Bar Replay “The Stage” Milan, Sartorial Desk Fashion Box Group 18 Brand Licenses Portfolio 19 brand extensions eyewear underwear beachwear stationery FRAGRANCES Fashion Box Group Sponsorships 20 21 Barça wears Replay In 2013, Fashion Box signed a four-year deal with FC Barcelona to be official sponsor of clothing and footwear for the first team and the rest of the club’s sportsmen and women. Replay offers the first team both an official clothing and a “smart casual” line. This pairing of the singular flair of Barça with the Italian trendsetters represents a pioneering commitment to innovation. Replay has crossed a threshold, whereby the traditional jeans concept embraces the realm of fine tailoring for a new way to use denim. For the FC Barcelona athletes, the famous indigo fabric becomes a deluxe textile, to create a unique and exclusive superlight suit. Fashion Box Group Sponsorships Barça/Replay Official Page 2 1997, replay Headquarters A striking reproduction of an early 20th century American industrial building and set at the foot of the breathtaking Asolo hills, the Fashion Box plant was born directly from REPLAY founder Claudio Buziol’s passion for American culture. 12 13 Exterior: Main Entrance 4 6 5 7 2nd Floor: Corridoor / Woman Show Room Ground Floor: Executive Office 2nd Floor: Man Accessories’ Show Room 1st Floor: Main Staircase / Lifts Exterior: Front Facade 8 10 9 11 14 22 15 Exterior: The Headquarters’ Building 1st Floor: Staircase Ground Floor: Main Hall / Waiting Room 18 19 2nd Floor: Denim Show Room 16 17 Exterior: Front Facade / Right Wing 20 21
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