Jul 16, 2018

Borsalino rescued at auction

a few years ago it was reported that the Italian hatmaker, Borsalino, had gone bankrupt. I don't care, personally, one way or the other, as I have no money in that game and don't stand to win or lose if they do or don't go the way of the dodo bird, but it is a slice of Jewish life and history and culture, so it is a bit melancholy, as any other cultural icon that disappears.

It is now being reported that the Borsalino company was put up for sale at auction, and a group of investors has submitted a bid and purchased the company. The company of investors to rescue Borsalino is called Haeres Equita.
source: Reuters

I have no idea what percentage of Borsalino hats manufactured and sold are in the frum "black hat" community, nor do I know how they will restructure and what divisions they will keep and what they will cut, but it seems very possible that along with seeing the iconic Borsalino hats in general, we very well may continue to see the Borsalino black hats in our shuls and yeshivas...

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