Eligo S.p.A.

ELG

IT0005524423

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Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-07-15 am EDT			5-day change	1st Jan Change
1.81 ^EUR	0.00%		0.00%	0.00%

07:06pm	Eligo sells Meltin(Pot) to Gianel Shoes for EUR750,000	AN
Jun. 17	Futures up; retail sales increase in China	AN

Eligo sells Meltin(Pot) to Gianel Shoes for EUR750,000

July 15, 2024 at 01:06 pm EDT

(Alliance News) - Eligo Spa announced Monday that it has accepted a proposal to sell the Meltin(Pot) brand, which will pass to Gianel Shoes Srl.

Gianel will take over the brand for EUR750,000 after Eligo took it over three years ago for EUR1 million. Gianel is a historic Lecce-based company that produces shoes for leading luxury footwear brands, including Dolce&Gabbana.

The buyer is wholly owned by D&C Holding SAS, which holds a 2.4 percent stake in Eligo. In addition, Eligo board member Luisa Casarano is a shareholder with 10 percent of D&C. Finally, D&C holds 45 percent of Ellis Island Brands Group Srl, in which Eligo holds another 45 percent.

Eligo's stock closed Monday unchanged at EUR1.81 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

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Latest news about Eligo S.p.A.

Eligo sells Meltin(Pot) to Gianel Shoes for EUR750,000	01:06pm	AN
Futures up; retail sales increase in China	Jun. 17	AN
More selling in Europe; down banks and industrials	Jun. 14	AN
Eligo widens loss in 2023; revenues down year-on-year	Jun. 14	AN
Caterina Siclari joins the board of directors of Eligo	Mar. 20	AN
Eligo, board member Fabio Brigante resigns	Dec. 06	AN
Eligo, revenues up 20 percent; half-year loss due to cost increase	23-09-28	AN
BRB Holding enters Eligo's capital with reserved aucap	23-05-26	AN
Eligo S.p.A. announced that it expects to receive €0.99792 million in funding from Brb Holding S.R.L.	23-05-25	CI
Eligo ended 2022 with a loss; revenues go up	23-04-04	AN
Eligo takes personal styling to stock market; market cap is EUR14 million	22-12-28	AN
Eligo S.P.A. has completed an IPO in the amount of Ã‡0.39292 million.	22-12-28	CI
Eligo S.P.A. has filed an IPO in the amount of Ã‡0.39292 million.	22-12-22	CI

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Eligo Spa headquartered in Italy and is offers an innovate purchasing experience through the Community of Professional Personal Stylist, called Sartorialist a digital platform for Italian niche brands to sell their handcrafted products thanks to the support of their personal stylists.

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