The distinguished Italian proprietor of the luxury denim brand, Jacob Cohën, has successfully secured full ownership by acquiring a 100% stake in JC Industry, its licensed producer and distributor since Fall/Winter 2021-22. The evolution from a joint venture with the Sinv group to complete ownership marks a strategic step forward.
This strategic move empowers Jacob Cohën to bring its manufacturing and retail operations in-house. With headquarters and a showroom in Milan, exclusive stores in Milan, Paris, Saint-Tropez, and Courchevel, along with ownership of a specialized garment-making workshop, Jacob Cohën aims to enhance control over product development and market positioning.
Luca Roda, CEO of Jacob Cohën Company SpA, expressed gratitude to Sinv and its president Francesco Dalla Rovere, acknowledging their valuable partnership as the brand’s licensee for several seasons. The acquisition aligns with Jacob Cohën’s commitment to quality and innovation, positioning itself as a leading luxury denim label.
Jennifer Tommasi Bardelle, President of Jacob Cohën Company SpA, highlighted the brand’s dedication to quality, innovation, and producing exceptionally high-quality products. As the first luxury label in the denim sector, Jacob Cohën continues to blend tradition with constant experimentation.
In fiscal 2022, Jacob Cohën achieved a revenue of €71 million, and the brand anticipates surpassing €80 million in 2023, with plans to open new stores. Currently managing four direct stores and ten partner-managed stores globally, the brand sees significant revenue from both its monobrand stores and wholesale channels.
Menswear constitutes 82% of revenue, with womenswear contributing 18%. International markets, particularly in Italy, Germany, the Netherlands, and France, drive 81% of revenue. Notably, the US market is gaining prominence. The Spring/Summer 2024 commercial campaign reported a 15% increase over the previous season. In the e-tail landscape, Italy, Germany, and the USA stand out as key markets.
