Home TrendsTextiles & Fibres Maglificio Ripa report growth of 25% in turnover

Maglificio Ripa report growth of 25% in turnover

by Underlines
The historic textile company in Lombardy, Maglificio Ripa, which celebrated its 70th anniversary last year, announces its financial results for 2022 with turnover up +25% (over 25 million euros) and a tripling in profits.
A path of constant development that focuses on heritage, real sustainability and corporate welfare, supported by continuous technological and structural investments that has led the company this year to expand its fleet with a new ultra-technological and low environmental impact plant of over 2,000 square meters. The new production hub, designed like a vertical garden, will be surrounded by greenery and powered by energy from geothermal and photovoltaic plants.
Since 1952 we have never stopped innovating both in terms of product and in the entire value chain as well as in the business system. Our progression is the result of these factors and of a certain way of relating to customers, of growing with them. It is no coincidence that we are registering vertical growth in reshoring, bringing back small and large brands toward certified, qualified and sustainable production with the fundamental contribution of our creativity. We were among the first to seriously address the issue of environmental responsibility and today, as yesterday, our vocation is the same but with the support of more modern materials and technologies that allow us to propose sustainable fabrics produced in a sustainable way. The rest is marketing.”
Luca Bianco, Sole Director of Maglificio Ripa
“On the product side,”  – “we have set up a very ambitious project with the re-launch of our iconic Light fabric, which not only revolutionized the textile industry 20 years ago, but also represents a new concept of proposing itself with dedicated performance and service. A new generation that comes to life from our heritage of knowledge but updated with contemporary technologies. We have designed eight new items declined in eighty colors for the beachwear, athleisure and sports world.”
Elisabetta Bianco, Head of Research and Development
In addition to complying with current laws and regulations, Maglificio Ripa has been able to develop techniques and methods of control and recycling that allow them to lower the level of pollution and ensure the protection of the outdoor environment. Naturally, Maglificio Ripa is Oeko Tex certified and GRS, Global Recycle Standard, promoted by Textile Exchange, one of the most important international non-profit organizations for responsible and sustainable development in the textile sector. This important recognition enshrines a model of production throughout the value chain and sustainable consumption, with the aim of encouraging the reduction of resource consumption (virgin raw materials, water and energy) and increasing the quality of recycled products.

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