Italian entrepreneur explains plan for 2026 to consolidate his companies

“In times of crisis we cannot stand by passively, we have to attack the market.”

Florentine entrepreneur Alessandro Bastagli explains the plan he has prepared for 2026 to consolidate his companies: a €5 million investment in his holding company, Finalba, which controls the yarn manufacturer Lineapiù Italia, real estate assets, and AModa, the company he founded in 1978, CE Report quotes ANSA.

First and foremost, the plan concerns the historic Tuscan yarn producer Lineapiù Italia, which closed 2024 with revenues of around €29 million, but is expected to see a 20% decline in 2025.

“We will be around €22 million in 2025,” Bastagli told ANSA.

“The company has always performed well, but over the past three years we have suffered from the crisis in the luxury sector. Now we want to regain market positions, while maintaining our strong creative DNA, with all those fancy yarns that require design work. That’s why we have invested in innovation, product development and raw materials, allowing us to develop certain items at competitive prices. We must preserve quality while optimizing production times with constantly updated machinery and offer aggressive pricing.”

The new strategy will start at the next Pitti Filati trade fair in January 2026. “If the luxury world is in crisis,” Bastagli said, “we will also try to move closer to the premium segment.” Despite rumors, Bastagli confirmed that there are no negotiations underway to sell the company.

“I have no intention of selling Lineapiù Italia. I have not met any potential buyer. Some investment funds have approached us, but we have not opened talks,” he explained.

The company employs 105 people, currently under a rotating solidarity contract extended until July 2026.

As part of the 2026 investment plan, €2 million has been allocated to AModa, which manages licensing agreements with Everlast across Europe (excluding Denmark, Sweden and Norway), with the Peninsula brand worldwide, and with other proprietary brands, including Dimensione Danza, whose license was taken back in 2024.

“A new investment program is ready to bring the Dimensione Danza brand back to where it belongs,” Bastagli said. “We want to reposition it correctly. We are developing its DNA, focusing on jogging and pilates, and the iconic tracksuit that is part of everyone’s wardrobe.”

For the sports brand Everlast, investments will focus on retail expansion and entry into new markets, including several Eastern European countries, especially Poland and the Czech Republic. A partnership with Amazon has also been finalized for the Everlast store.

As reported by CE Report, the portfolio also includes the new brand Peninsula, a resortwear line featuring swimwear and beachwear. In 2026, a store will open in Forte dei Marmi and another in Dubai with a partner. Another brand in the portfolio is Muscle, which was popular in the early 1980s.

“We would like to relaunch it as a high-end sportswear brand,” Bastagli concluded.