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Notice of Petition and Hearing
Notice is hereby given that GILMAR DIVISIONE INDUSTRIA S.P.A. (Tax Code/VAT No. 10691850159), by means of a petition pursuant to Art. 19 of the CCII filed on October 7, 2026, before the Court of Rimini – General Registry (RG) No. 1734/2026 Voluntary Jurisdiction (Vol. Giur.) – has requested the confirmation of the protective measures under Art. 18 of the Corporate Crisis and Insolvency Code (CCII) against all creditors, excluding employees, within the framework of the Negotiated Settlement of the Corporate Crisis (Composizione Negoziata della Crisi d’Impresa) procedure.
By decree filed on October 12, 2026, the Court of Rimini scheduled the hearing for the appearance of the parties and the expert, to discuss the request for the confirmation of the protective measures, for November 24, 2026, at 9:00 AM. The hearing will be held via remote audiovisual connection before the designated Judge, Dr. Filippo Meneghello, at the following link:
https://teams.microsoft.com/meet/3387232523225325?p=ChL1jXqpeZ85jIrPWq
Creditors and other interested parties who intend to participate in the hearing are invited to connect via the aforementioned link at the scheduled time. Creditors have the right to file a statement of defense with the Registry of the Court of Rimini no later than 5 days before the aforementioned hearing.
With the petition filed on October 7, 2026, the company requested the Court that, for a period of 120 days starting from the publication date of the application for the appointment of the expert, the following protective measures be confirmed: i) creditors may not acquire rights of preference nor initiate or continue enforcement and precautionary actions on the assets, property, and rights of the petitioner; ii) no judgment opening judicial liquidation (liquidazione giudiziale) or ascertaining a state of insolvency may be pronounced; iii) creditors, including banks and financial intermediaries, may not refuse to perform pending contracts, cause their termination, anticipate their expiration, or revoke granted credit lines solely due to the non-payment of claims prior to the publication of the application; and iv) banks and financial intermediaries, their agents, and assignees of their claims may not maintain the suspension of credit lines granted at the time of access to the negotiated settlement unless they demonstrate that the suspension is determined by the application of prudential supervision regulations.
The full text of the petition and the decree scheduling the hearing can be viewed and downloaded at the following links:
This notice and the aforementioned documents will remain continuously accessible until the date the above hearing is held, as ordered by the Court.
Creativity & innovation: the secret behind Gilmar’s success, a Group leader in the manufacture and distribution of quality clothing brands, both house ones (Iceberg, Ice Play) and license ones (Paolo Pecora Milano, N°21).
Gilmar takes a 360° approach to fashion design and development. Every project begins at the group’s own 45,000-sqm industrial hub in the town of San Giovanni in Marignano on Italy’s Adriatic coast. Originally opened in 1985 and later expanded, it houses the production and logistics centers, the styling and prototype creation offices, the quality control and shipping departments.
Thanks to a special mobile metal structure, the storeroom can accommodate with precision perfection up to 250,000 garments at any one time. This is a place where tradition meets technology, guaranteeing impeccable service in delivery and reassortment management.
In continual expansion, the company pursues growth and development on multi product levels, from high- end ready-to-wear to youth fashion lines, always devoting keen attention to style, technology and communication.
Still today, Gilmar is totally in the hands of the founding family. Silvano Gerani is Chairman, Paolo Gerani is CEO, Artistic Director and business head, Giuliana Marchini is an active member of the board while Patrizia Gerani makes a valuable contribution both as a member of the board and as head of the styling department.
OUR HISTORY
Italy is a remarkable country where certain stories seem to sum up an entire age, capturing in a nutshell the energy and courage of a glorious creativity, calling attention to a unique talent for invention and all the magic of an enterprising spirit. They are extraordinary stories that unfold quite normally, day by day. Giuliana Marchini, age 15, lived in the town of Cattolica where her father Luigi had set up a small transport company after many years of hard work and sacrifice. Times were difficult in Italy back in the 1950s, people did without. And the family of this curious and lively girl who had clear ideas about the future could not afford to pay for her education. She’d learn a trade she thought. She’d follow the example of her neighbor and become a knitter, using lovely yarns to craft sweaters with her hands on a machine.
Getting the hang of the technique proved easy, but what about turning it into a way to fulfill her biggest dream, that of achieving economic independence with a career and a livelihood of her own? According to Italian tradition, she asked for help from her folks. Luigi Marchini, who knew how to evaluate both a business project and his daughter’s ambitions, did not hesitate to guarantee a loan from the Credito Romagnolo bank so she could buy a knitting machine.
AT THE COMPANY'S OUTSET
The newly acquired device – the first of many – ended up in the living room at home. Then other girls came along to give her a hand, for the work had evolved into a neverending job, from six a.m. to midnight, knitting the items and then washing them (in the family clothes-washer, naturally).
Once word got around about the young knitter who made sweaters to measure, she found herself with a long list of customers. Soon she also began receiving orders from fancy clothing shops, among others Chic Parisien in Rimini. Thanks to rave reviews on the part of satisfied customers, Giuliana embarked on her entrepreneurial path. She extended her distribution network into the Romagna and Emilia areas of Italy, then with the aid of sales representatives into other regions of the country too. At that point she felt compelled to make a real quality leap and put together a sample collection. In other words, rather than creating custom pullovers for individual clients, she had to start manufacturing and delivering items on a vast scale. The imaginative hometown knitter became a businesswoman. A small one perhaps, yet as she had always dreamed a businesswoman.
OUR VALUES
CREATIVITY
The driving force we promote within each brand.
TRADITION
An integral part of Gilmar’s heritage since the very beginning, our history stands as an example.
KNOW-HOW
We find our true identity in the skills and dedication of our people.
QUALITY
A value and a promise that define our guarantee.