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Giuseppe Borsalino
Borsalino is the oldest Italian company specializing in the manufacture of luxury hats. Since 1857, the manufacture has been based in Alessandria, Piedmont. The founder, Giuseppe Borsalino, is remembered for creating a particular model of felt hat characterized by the registered trademark Borsalino. History On 4 April 1857, Giuseppe Borsalino started a workshop in Alessandria that specialized in the production of felt hats. The workshop eventually grew to industrial production, and in 1888 the company moved to a new factory designed by Arnaldo Gardella, located on Corso Cento Cannoni, Alessandria. In these years Borsalino produced 2,500 hats a day, but when the company won the Grand Prix, an important quality certificate, at the Paris Exposition Universelle in 1900, spread the brand's fame globally. The succession of Giuseppe Borsalino was complicated: the designated heir, Teresio Borsalino, was opposed to his cousin Giovanni Borsalino, son of Lazzaro, who inaugurated a new hat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |