Borsalino Bankrupt?

[hatsRme]

Thanks for speaking up, skid lid!

See, Daniele... pisons are everywhere! I didn't realize there are so many "forms" of Italian language over there. What did you speak as a very young boy?

--Carletto

 

[Daniele Tanto]

Charlie, Italian language evolved from Latin, corrupted by languages 8dialects) of the Italic population starting around 500 AC. This language was called "volgare". In 1300 the Italian language was codified starting from the Florence language. This is a very short story.
Every italian region has its own dialect that different sometimes in a distance of 30-40 km.
My native language was the veronese dialect, the one spoke in town that is slightly different from the south (plain) and north (hills and mountains).
I learned very well (non one spoke in Italians of my relatives ) of this place where I was born and live

In Veneto is the most hard in pronunciation, I'm sorry but it is almost losed. New generations are speaking a very simple and sometimes poor Italian language.

Charlie we are completely off topic, so I think the best is change our way to communicate
Giuseppe Borsalino see us with quite angry eyes

 

[Daniele Tanto]

Back to the thread. Last news about Borsalino situation
He was arrested on Friday in Lugano, after six months on the run, Marco Marenco, the entrepreneur from Asti former owner of Borsalino hats historical company and great brand of Made in Italy. 59 year old hung on a international arrest warrant for a long series of crimes ranging from bankruptcy to tax evasion scam. According to the indictment was responsible for one of the biggest failures of Italian history after Parmalat: a crash that according to unofficial estimates is worth about 3.5 billion euro. Against him, according to a note of the Cantonal police quoted by Corriere del Ticino, was opened the extradition process.

Marenco was ousted in 2008 by the management company of Alexandria, which had taken the decision-making powers, and had put him in default. The offense is the main bankruptcy implementation, is the thesis of the investigators, turning vast amounts of money of his companies (he was also a member of some energy companies) on offshore accounts in tax havens. The investigation had been opened by Customs of Alexandria, who discovered an evasion of over 300 million Euros on excise duty on gas by Metanprogetti.

Today the Borsalino is facing 22 million of debt and a dispute over 16 million with the Inland Revenue. The Board aims to give in rent the company to the highest bidder and then file the request for an arrangement with creditors and prepare its plan to be submitted to creditors for homologous. Meanwhile the factory continues to produce.

 

[KingAndrew]

Thanks for the update!

 

[hatsRme]

Thank you, Daniele. The world keeps on turning... I'm sure I speak for a lot of people in wishing the best for the company.

 

[mayserwegener]

Same here.

 

[se couvrir]

Thank you, Daniele. The world keeps on turning... I'm sure I speak for a lot of people in wishing the best for the company.

+ 1

Chris

 

[Hat Dandy]

Hopefully, we won't see the demise of Borsalino.

 

[ScaryWoody]

I'm reading this thread with my Borsalino Traveler on my head.

 

[tommyK]

This thread prompted my to take a trip to Bencraft and buy a modern Borsalino Alessandria. Show a little support.


I might even buy another one.

 

[besdor]

I am not worried about the company itself. What is happening now is that they are looking for a new owner. Now that the current owner has been found, the courts will be able to fix the mix that has unfolded in Italy.
What I can say is that Borsalino doesn't have the problem of a lack of business. They are quite busy. Its the financial side that needs to be fixed.

 

[moontheloon]

This thread prompted my to take a trip to Bencraft and buy a modern Borsalino Alessandria. Show a little support.
View attachment 28608
View attachment 28609
I might even buy another one.

I did the same recently

I think I see multiple Bencraft boxes in the background

you holdin' out on us ?

pics!!

 

[tonyb]

This thread prompted my to take a trip to Bencraft and buy a modern Borsalino Alessandria. Show a little support.
...
View attachment 28609
I might even buy another one.

No denying it's a fine-looking hat.

 

[tommyK]

I did the same recently

I think I see multiple Bencraft boxes in the background

you holdin' out on us ?

pics!!

I think I have 7 modern Borsalino's, so yea, there are some I haven't shown.

 

[Thundercolt]

This thread prompted my to take a trip to Bencraft and buy a modern Borsalino Alessandria. Show a little support.
View attachment 28608
View attachment 28609
I might even buy another one.

I also just purchased a Borsalino Alessandria today. I like their style.

 

[tommyK]

I also just purchased a Borsalino Alessandria today. I like their style.

Me too, Thundercolt. It's similar to the vintage Stratoliners.

seen here next to my vintage Strat

Eight different colors for the Alessandria at Bencraft and I've found it pays to ask because they sometimes have colors not on the website. I got a Film from them in the Whiskey color that they don't advertise.

 

[moontheloon]

Me too, Thundercolt. It's similar to the vintage Stratoliners.
View attachment 28637
seen here next to my vintage Strat

Eight different colors for the Alessandria at Bencraft and I've found it pays to ask because they sometimes have colors not on the website. I got a Film from them in the Whiskey color that they don't advertise.

I'm literally sitting here shaking my head at how beautiful those pieces are

 

[mayserwegener]

I heard from a friend in Germany that Borsalino has a new owner. I found this online.

http://www.reuters.com/article/2015/05/06/borsalino-camperio-idUSL5N0XX5FR20150506

http://www.lastampa.it/2015/05/06/edizioni/alessandria/un-finanziere-svizzero-luomo-del-futuro-della-borsalino-FANXYeqTljvvmEH4pNqgUN/pagina.html

 

[C.M. Albrecht]

Yes, Stetson is right. Too bad. I bought a new Stetson a couple of years ago, and while it's all right for a little over a hundred bucks, it's a far cry from some of my vintage hats. Also stiff. At the same time, I bought a panama from them and it was not only stiff, but began to come apart at the tip of the crown (and no I don't handle hats by the crown). I ended up taking it to the Goodwill. I'm expecting an Akubra Stylemaster tomorrow and have hope. I've heard good things about akubra. Also I picked up a roughout leather hat from South Africa. It's a Rogue and everyone thinks it's an Ahtback hat from Australia. I like it on windy days because it's heavy and solid enough to withstand everything but a hurricane.

 

[C.M. Albrecht]

I meant to say that I got hold of a used Borsalino fedora a couple of years ago too. Don't know how old it is, but I love it. Excellent quality and very soft. I found it right here in the classifieds.