Effrasă: Difference between revisions
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'''Effrasă''' is a [[Caphirian]] multinational | '''Effrasă''' is a [[Caphirian]] multinational conglomerate specializing in {{wpl|luxury goods}}. The company was formed in 1994 when entrepreneur [[Eranquino Tăncino]] acquired the struggling fashion house [[Resevain]] from [[Aletonessio Mardichellesci]], a business magnate in the fashion industry. By 1999, Tăncino had transformed Resevain into a worldwide-known brand by hiring controversial creative directors for each season, generating excitement from the fashion industry as well as consumers. Following the success of Resevain, Effrasă acquired more fashion houses, including [[Disere]] and [[Âzal]], and diversified into other luxury markets. | ||
Effrasă controls 40 subsidiaries across five divisions - Fashion, Wines and Spirits, Perfumes, Watches and Jewelry, and Activities. It is the largest luxury goods company in Caphiria and one of the largest in the world, with annual revenues of over $ | Effrasă controls 40 subsidiaries across five divisions - Fashion, Wines and Spirits, Perfumes, Watches and Jewelry, and Activities. It is the largest luxury goods company in Caphiria and one of the largest in the world, with annual revenues of over $75 billion and owning some of the world's most prestigious brands. From the company's founding in 1994 to 2024, Tăncino was Chairman and Chief Executive however, he resigned to pursue a political career. He maintains the title of Executive Advisor. Tăncino's longtime business partner Aurenzo Polutierrapé has been Chief Executive since 2024. In 2027, Aidrela Veri was hired as the first Global Creative Director. | ||
== History == | == History == | ||
Effrasă was formed in 1994 when founder Eranquino Tăncino acquired the fashion house [[Resevain]] from business magnate [[Aletonessio Mardichellesci]]. Tăncino transformed the brand into a popular and sought-after name by hiring controversial creative directors for each season, generating excitement among both publications and consumers. | Effrasă was formed in 1994 when founder Eranquino Tăncino acquired the fashion house [[Resevain]] from business magnate [[Aletonessio Mardichellesci]]. Tăncino transformed the brand into a popular and sought-after name by hiring controversial creative directors for each season, generating excitement among both publications and consumers. | ||
In 2001, Effrasă announced its largest acquisition at the time, purchasing iconic house [[Vevame Atelier]] for $7.5 billion. The company hired Rosynthi Bălcentili, a then-relatively unknown designer, as the creative director for Vevame Atelier. Bălcentili's dramatic and intricate shows, as well as her finely-tailored and imaginative designs, garnered attention and helped elevate the brand. The Spring/Summer 2002 collection for Vevame Atelier, which included the first men's line called Vevame Aize, featured a massive $100 million marketing campaign with massive billboards and a highly-anticipated reveal of the mystery model, a young [[Constantinus I]], the then-''Princeps Juventatis''. The campaign's success led to record-breaking ticket sales for ''Septimana Modio Caphiria'' (Caphiria Fashion Week) and increased Effrasă's valuation exponentially. | In 2001, Effrasă announced its largest acquisition at the time, purchasing iconic house [[Vevame Atelier]] for $7.5 billion. The company hired Rosynthi Bălcentili, a then-relatively unknown designer, as the creative director for Vevame Atelier. Bălcentili's dramatic and intricate shows, as well as her finely-tailored and imaginative designs, garnered attention and helped elevate the brand. The Spring/Summer 2002 collection for Vevame Atelier, which included the first men's line called Vevame Aize, featured a massive $100 million marketing campaign with massive billboards and a highly-anticipated reveal of the mystery model, a young [[Constantinus I]], the then-''Princeps Juventatis''. The campaign's success led to record-breaking ticket sales for ''Septimana Modio Caphiria'' (Caphiria Fashion Week) and increased Effrasă's valuation exponentially. | ||
== Corporate structure == | == Corporate structure == | ||
=== Board of Directors === | === Board of Directors === | ||
Latest revision as of 18:45, 18 June 2023
 | This article is a work-in-progress because it is incomplete and pending further input from an author. Note: The contents of this article are not considered canonical and may be inaccurate. Please comment on this article's talk page to share your input, comments and questions. |
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| Company type | Public (Sodesteri) |
|---|---|
| EFF | |
| Industry | Luxury goods |
| Founded | 1994; 22 years ago |
| Founder | Eranquino Tăncino |
| Headquarters | Valenaro , |
Area served | Worldwide |
Key people | Aurenzo Polutierrapé (Chairman) Aidrela Veri (Global Creative Director) Eranquino Tăncino (Executive Advisor) |
| Products | |
| Services | Department stores |
| Revenue |  $73.3 billion (2024) |
| $15.5 billion (2024) | |
| Total assets | $150.2 billion (2024) |
| Total equity | $24.7 billion (2024) |
Number of employees | 387,478 |
Effrasă is a Caphirian multinational conglomerate specializing in luxury goods. The company was formed in 1994 when entrepreneur Eranquino Tăncino acquired the struggling fashion house Resevain from Aletonessio Mardichellesci, a business magnate in the fashion industry. By 1999, Tăncino had transformed Resevain into a worldwide-known brand by hiring controversial creative directors for each season, generating excitement from the fashion industry as well as consumers. Following the success of Resevain, Effrasă acquired more fashion houses, including Disere and Âzal, and diversified into other luxury markets.
Effrasă controls 40 subsidiaries across five divisions - Fashion, Wines and Spirits, Perfumes, Watches and Jewelry, and Activities. It is the largest luxury goods company in Caphiria and one of the largest in the world, with annual revenues of over $75 billion and owning some of the world's most prestigious brands. From the company's founding in 1994 to 2024, Tăncino was Chairman and Chief Executive however, he resigned to pursue a political career. He maintains the title of Executive Advisor. Tăncino's longtime business partner Aurenzo Polutierrapé has been Chief Executive since 2024. In 2027, Aidrela Veri was hired as the first Global Creative Director.
History
Effrasă was formed in 1994 when founder Eranquino Tăncino acquired the fashion house Resevain from business magnate Aletonessio Mardichellesci. Tăncino transformed the brand into a popular and sought-after name by hiring controversial creative directors for each season, generating excitement among both publications and consumers.
In 2001, Effrasă announced its largest acquisition at the time, purchasing iconic house Vevame Atelier for $7.5 billion. The company hired Rosynthi Bălcentili, a then-relatively unknown designer, as the creative director for Vevame Atelier. Bălcentili's dramatic and intricate shows, as well as her finely-tailored and imaginative designs, garnered attention and helped elevate the brand. The Spring/Summer 2002 collection for Vevame Atelier, which included the first men's line called Vevame Aize, featured a massive $100 million marketing campaign with massive billboards and a highly-anticipated reveal of the mystery model, a young Constantinus I, the then-Princeps Juventatis. The campaign's success led to record-breaking ticket sales for Septimana Modio Caphiria (Caphiria Fashion Week) and increased Effrasă's valuation exponentially.
Corporate structure
Board of Directors
Executive leadership
Subsidiaries
A partial list of best-known brands and subsidiaries of Effrasă:
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