The history of PERCASSI
Our history

Born in Clusone, Antonio Percassi began playing football for Atalanta at the age of seventeen, becoming the club’s president in the early 1990s and again in 2010.

Dopo Milano, Percassi apre a Bergamo Burghy, prima catena italiana di fast-food: un evento unico per la generazione bergamasca degli anni Ottanta. Il marchio, fondato dalla catena di supermercati GS, ottiene un enorme successo in tutta Italia e viene rilevato da McDonald’s negli anni Novanta.
Il Gruppo Percassi entra nel settore sportivo con l’acquisizione di Goggi Sport, aprendo oltre 40 sedi in tutta Italia. Il marchio viene poi ceduto al Gruppo Cisalfa nel 1994.

A partnership with Swatch was launched, followed by the opening of numerous stores across Italy. The store on Via Montenapoleone in Milan proved a huge success.
Following an idea from his father Antonio, Stefano Percassi created an original cosmetics brand: KIKO Milano, which went on to become one of the sector’s leading players. In the beauty sector, Percassi also operates through Madina – founded in 1993 and acquired in 2012 – Womo and Bullfrog.

Oriocenter, primo grande progetto immobiliare commerciale sviluppato dall’azienda, viene inaugurato il 24 novembre. A quasi 30 anni di distanza si conferma uno dei più grandi centri commerciali d’Europa, grazie alla terza estensione inaugurata nel 2017.
A joint venture is launched with Amancio Ortega’s Inditex Group, which, thanks to Percassi, enters the Italian market with the Zara brand. Subsequently, further Zara and Zara Home stores open, alongside outlets for the Inditex Group’s other brands (Massimo Dutti, Oysho, Pull&Bear, Bershka, Stradivarius).
Since 2002, the company’s presence in the retail sector has expanded further with the addition of Nike, Levi’s, Calvin Klein and Guess, as well as luxury brands such as Gucci, Ferrari, Tommy Hilfiger and Ralph Lauren. In 2007, a joint venture was launched with Flavio Briatore to develop Billionaire Italian Couture, which was subsequently acquired by Philip Plein in 2021.

Antonio Percassi has been appointed to a second term as President of Atalanta, with his son Luca named Chief Executive Officer. In February 2022, Percassi entered into a partnership with a group of investors led by Stephen Pagliuca – managing partner and co-owner of the Boston Celtics, as well as co-chairman of Bain Capital – to co-invest in Atalanta.

In the early 2000s, the company began investing in the Dmail Group, Italy’s leading catalogue and online mail-order retailer. In 2016, it acquired Dmail, developing standalone stores across Italy and consolidating its e-commerce channel. The brand was sold to the Kasanova Group in 2023.
Since 2016, major partnership agreements have been signed with Victoria’s Secret, Bath & Body Works, Starbucks and Lego. Furthermore, thanks to the joint venture with Chef Express – established through a collaboration with the Cremonini Group – Wagamama International, Casa Maioli and Caio stores have opened.

In 2018, an agreement was signed with Armani for the Armani Exchange brand, a youth label launched in 1991 by Giorgio Armani in the United States. This marked the start of the fashion brand’s store openings in Italy.
Whilst collaborations in the haute couture sector, such as the one with Saint Laurent, continue, the brand is also branching out into the world of technology, thanks to a partnership with Garmin, a world leader in GPS technology.
A joint venture has been signed with All’Antico Vinaio – a business founded in Florence and a leader in schiacciate stuffed with fresh ingredients – to support the Tuscan brand’s expansion across Europe.

2022 ends on a high note with the opening of the world’s first Jordan World of Flight store, in collaboration with Nike and located in the heart of Milan.

As part of its partnership with Luxottica, Percassi is opening an Oakley flagship store in May. Located in Piazza San Babila in Milan, the store offers an immersive experience in the world of the famous eyewear brand.
Visit the ‘News’ section to stay up to date with the latest news and official announcements.
