Quadrivio Group has acquired fashion brand Twinset from Carlyle with plans for global expansion in the accessible luxury market, backed by significant investment resources.

Information on the Target

Quadrivio Group, a Milan-based investment firm, has strategically acquired Twinset from Carlyle in June 2025. Twinset, a well-known brand established in Carpi in the late 1980s, reported over €200 million in revenue and €30 million in EBITDA for the fiscal year 2024. The firm aims to leverage this acquisition to expand Twinset's market presence globally, particularly in wholesale and retail, catering to customers who appreciate romantic, elegant, and confident fashion.

The brand is primarily recognized in Italy and Europe, and Quadrivio Group's plans include transitioning Twinset into a more international label. CEO Alessandro Binello emphasizes the importance of offering high-quality products at reasonable prices, a strategy that has proven successful in other markets, particularly in Spain, where various brands have achieved global status without being categorized as ultra-luxury.

Industry Overview in the Target's Specific Country

The fashion industry in Italy is renowned worldwide for its quality, creativity, and luxury, traditionally dominated by high-end brands. However, there is a significant shift towards accessible luxury, with