Published
October 28, 2025
There has been a change at the helm of Exelite, the group behind the Liu Jo, Blumarine, Eli and Digital Boite brands. Marco Marchi, who founded Liu Jo 30 years ago, is handing over the CEO role to Maurizio Croceri, his right-hand man, co-founder alongside Marchi and CEO of Eli Group, a company specialising in the manufacture and distribution of footwear, founded in 2016 in Civitanova Marche and part of Exelite Group.
Marco Marchi – DR
The news was trailed in an interview with Marchi in La Repubblica’s Monday supplement Affari&Finanza, in which the entrepreneur spoke about how succession is fundamental to a company and about his decision to “select someone who has the qualities and energy to lead Liu Jo’s new 2.0 phase.”
Marchi also outlined the company’s future plans, which include investments in South America and the Middle East and further acquisitions, following the purchase of Blufin, the historic Carpi-based company behind Blumarine, completed in November 2019.
Liu Jo posted revenue of €489 million in 2024.
“This year has been a complex one; although we have recorded a decrease in margins, we continue to be regarded as a benchmark of excellence,” Marchi told A&F.
Contacted by FashionNetwork.com, the company declined to provide further information.
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