- Business
- Italia Independent Group S.p.A. Italia Independent Group S.p.A. is an Italian holding company that designs, manufactures, and distributes eyewear products including sunglasses, optical frames, and reading glasses under its owned brands Italia Independent and Laps Collection, as well as licensed brands such as Hublot from the LVMH group and CR7 associated with Cristiano Ronaldo; it also provides communication services through its Independent Ideas agency. Founded in 2006 and headquartered in Turin, Italy, with operations spanning Italy, Europe, the United States via Italia Independent USA Corp. in Miami, and international markets including the Middle East, Japan, France, and Spain, the company emphasizes innovative materials and finishes like carbon fiber, velvet-effect I-Velvet, thin I-Thin frames, and thermal I-Thermic technology, alongside lifestyle extensions and collaborations with luxury partners in automotive, fashion, and sports sectors such as Ferrari, Juventus, adidas Originals, Ducati, Fiat 500, Pacha, and Enea Bastianini sponsorships. Italia Independent Group S.p.A. listed on Euronext Growth Milan (ticker IIG.MI) in June 2013, operates through subsidiaries like Italia Independent S.p.A. for retail and e-commerce sales of men's, women's, and unisex eyewear, and maintains a wholesale distribution model with franchise stores, shop-in-shops, outlets, and flagship locations including the Meneghino store in Milan’s Brera district opened in 2020. In September 2023, MODO Group acquired Italia Independent, leading to new collections made in Italy and distributed globally through opticians with the first post-acquisition drop in Spring/Summer 2024 and a second collection announced in November 2024; the holding entity now operates as IIG S.p.A. in liquidazione (formerly Italia Independent Group S.p.A.), relocated to Valperga near Turin, reflecting a major strategic shift under new ownership while retaining core eyewear design and distribution focus.