07.02.19 – Albini Group
The most beautiful fabrics in the world since 1876!
The Albini Group brings to a close its best year of the last three financial periods with a turnover of 153 million.
The Albini Group, the manufacturer of innovative fabrics since 1876, brings to a close its best year of the last three financial periods with a turnover of 153 million, up 3 percent, with a marked improvement in margins and is ready to invest 30 million in industrial plants and research and innovation activities over the next three years.
The improvement in the economic and financial indicators is the result of extensive attention paid to costs and investments that have boosted the efficiency of production.
2018 ended on a positive note,
but opened with the sudden passing of the President of the Group, Cav. Lav. Silvio Albini, which represented a serious loss for the company and for the sector as a whole. This event was followed by such a strong internal reaction, by the family, by management and by every collaborator – guided and motivated by the new president Stefano Albini – that despite this loss the year came to a close with a positive result.
The cultural and entrepreneurial heritage left by Silvio Albini, the quality of the management team and the loyalty to corporate values, to which the family and the collaborators remain faithful, have been the driving force behind the Group's positive performance. In order to consolidate the growth trend, new additions at a management level are envisaged in the strategic areas of the company.
A high exporting rate
The Albini Group has been exporting around 70 percent of its turnover to more than 80 countries for many years now, thanks to an internationalisation strategy with a global approach, but with local attention and investments that anticipate and respond to the needs of each area. In a market that is weakening at a global level, the Albini Group president, Stefano Albini, explains the guidelines that – in marked contrast to the overall sector performance – allow the company to grow.
Stefano Albini, Albini Group president
“The market rewards excellence and the Albini Group has always been positioned in the top end, focusing and investing in continuous innovation, sustainability, excellent quality of raw materials, products and Customer services along with the direct control of the supply chain. More specifically, Albini Donna, Thomas Mason Bespoke for the tailoring world, and Albiate 1830 for the streetwear market all achieved excellent performance levels during the year. The Albini Group has been rewarded for its determination to remain Made in Italy manufacturers – unlike many competitors who have decided to convert themselves into commercial companies or have relocated altogether. The consideration of Made in Italy in the world remains very high – continues Albini – which is equivalent to quality, creativity and authenticity, realised with complete respect of the environment”.
I Cotoni di Albini and Albini Energia
The two spin-offs also contributed to the growth of the Group: I Cotoni di Albini, a company dedicated to the manufacturing and marketing of fine and ultra-fine yarns and noble blends, and Albini Energia, established to meet the Group's internal energy savings needs, something which is increasingly appreciated by the market for design and engineering activities through which it has started to export its know-how across the globe.
The objective of the Group
The objective of the Group is to increasingly become the key industrial partner of choice, also thanks to the strategic decisions undertaken for years based on its long-term vision.
Another aspect extremely appreciated by customers and the market is the direct control of the entire production chain, from the raw material to the finished fabric, something that is unique in the shirt textile sector; it allows the company to track and control each step directly ensuring top quality products, services and fast response, but also to innovate each manufacturing phase, proposing a constantly renewed, creative and customised offer.
Quality and reliability
The product can not fail to observe traceability and sustainability aspects, key elements of production that are governed by the broader concept of quality and reliability. The Group’s firm intention to manufacture an increasingly sustainable product is confirmed by the extensive attention paid to the choice of raw materials, production processes, savings in water and energy and the chemicals used. On all these issues the Albini Group, in partnership with some of its Customers, is putting in place stimulating projects that can contribute not only to the growth of the company, but also to the creation of social value.
An example is the agreement with Supima (manufacturing consortium of the finest American cotton) and Oritain (authoritative certification and traceability company) aimed at guaranteeing the traceability of the entire production cycle.
The Group also sets itself important improvement targets for the elimination of potentially dangerous chemicals from the production cycle, becoming a contributor to the Zero Discharge of Hazardous Chemicals (ZDHC) program.
Since 2017 Albini Group has also been a member of the Better Cotton Initiative, a non-profit organisation that aims to make the global production of cotton progressively better for the people who produce it, for the environment and for the future of the industry.
Founded in 1876 in Albino (Bergamo), the Albini Group has always been a family business and today, at its 143rd year of activity, it is led by the fifth generation of the family represented by Fabio, Andrea and Stefano Albini. Today the Albini Group has seven production units (four of which are in Italy), with a total of over 1,400 employees and is Europe's largest producer of shirt fabrics.
Albini Group at Milano Unica, Milano
5–7 February 2019
Fiera Milano Rho, Hall 16 Stand C06
Albini Group at Première Vision, Paris
Première Vision, 12–14 February 2019
Parc des Expositions Paris Nord Villepinte, Hall 6 Stand 6B2