{"id":5688,"date":"2025-09-10T07:52:21","date_gmt":"2025-09-10T05:52:21","guid":{"rendered":"https:\/\/britishdailynews.co.uk\/?p=5688"},"modified":"2025-09-10T07:52:30","modified_gmt":"2025-09-10T05:52:30","slug":"from-crisis-to-rebirth-the-rise-of-skandia","status":"publish","type":"post","link":"https:\/\/britishdailynews.co.uk\/?p=5688","title":{"rendered":"From Crisis to Rebirth \u2014 The Rise of Skandia"},"content":{"rendered":"\n<p>From a heart-stopping corporate crisis \u2014 resolved through a complex continuity agreement \u2014 to a textbook turnaround, culminating in being selected by Decathlon not just as a supplier, but as a true production partner for stores across Europe and in markets like Brazil, Russia, and China. All this while manufacturing athletic footwear \u2014 a product category highly vulnerable to Asian competition. This is the rare and remarkable trajectory of Skandia, a Treviso-based company founded in 1979 and \u201creborn\u201d in 2023 after its crisis. Economy spoke with Mario Porcaro, now CEO of the company, who initially joined as a consultant for the complex restructuring process. \u201cI stepped in as of January 2023, during a very delicate time,\u201d recalls the executive. \u201cThe company was going through a deep crisis and had filed for a continuity agreement (concordato preventivo in continuit\u00e0). As an advisor \u2014 and above all, as a chartered accountant specialized in business crises \u2014 I supported ownership in defining and implementing the recovery plan. At the end of the legal proceedings, the shareholders wanted to mark a clear break from the past management, and as of January 2024, they appointed me as chairman and CEO. From that point on, we embarked on a deep and concrete path to relaunch.\u201d<\/p>\n\n\n\n<p><em>by Roberta Imbimbo<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"1024\" src=\"https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/image0-5-768x1024.jpeg\" alt=\"\" class=\"wp-image-5691\" srcset=\"https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/image0-5-768x1024.jpeg 768w, https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/image0-5-225x300.jpeg 225w, https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/image0-5-1152x1536.jpeg 1152w, https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/image0-5-1536x2048.jpeg 1536w, https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/image0-5-696x928.jpeg 696w, https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/image0-5-1068x1424.jpeg 1068w, https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/image0-5-scaled.jpeg 1920w, https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/image0-5-315x420.jpeg 315w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/><\/figure>\n\n\n\n<p><strong>What was the strategy for overcoming the crisis?<\/strong><br>We undertook a thorough restructuring: we closed the plant in Romania, which had become too costly, and reinforced production in Serbia. More recently, we launched a new production operation in Tunisia, where the combination of quality and cost-competitiveness represents a strategic opportunity for our growth. We reduced costs, streamlined processes, and reactivated key commercial relationships, particularly in Eastern Europe. Decathlon gave us crucial support \u2014 they\u2019re the customer everyone wants, with nearly 1,700 stores and \u20ac16.2 billion in revenue in 2024. Not only did they select us as a supplier, but from day one they treated us as a true production partner, which allowed us to ramp up our manufacturing volumes. We also invested in internal talent and established an advisory board made up of high-profile professionals \u2014 Elia Mocellin, Stefano Loschi, and Michele Zorzan \u2014 who support me with strategic vision and foresight.<\/p>\n\n\n\n<p><strong>Are you also looking at growth through acquisitions?<\/strong><br>Yes, that\u2019s a cornerstone of our strategy. In a stagnant market, growth through acquisitions is essential for achieving economies of scale. We\u2019re evaluating several potential deals, but often we face a certain cultural resistance from Italian companies, which are still reluctant to embrace consortium and aggregation models. What we need is more vision and less fear of change.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/IMG_2659-1024x768.jpg\" alt=\"\" class=\"wp-image-5689\" srcset=\"https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/IMG_2659-1024x768.jpg 1024w, https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/IMG_2659-300x225.jpg 300w, https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/IMG_2659-768x576.jpg 768w, https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/IMG_2659-1536x1152.jpg 1536w, https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/IMG_2659-2048x1536.jpg 2048w, https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/IMG_2659-696x522.jpg 696w, https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/IMG_2659-1068x801.jpg 1068w, https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/IMG_2659-1920x1440.jpg 1920w, https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/IMG_2659-560x420.jpg 560w, https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/IMG_2659-80x60.jpg 80w, https:\/\/britishdailynews.co.uk\/wp-content\/uploads\/2025\/09\/IMG_2659-265x198.jpg 265w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>What are your plans for the future?<\/strong><br>We\u2019re working on new collections with a focus on product innovation, comfort, and sustainability. In particular, we\u2019re developing two new ultra-light sole lines designed to combine durability, flexibility, and lightness \u2014 perfect for a market that demands both design and performance. At the same time, our strategic goal for 2026 is twofold: on the one hand, we aim to expand our client portfolio by targeting premium brands and international retail chains \u2014 we\u2019ve already started business discussions with several of them. On the other hand, we plan to significantly increase our production capacity. We\u2019re also investing in digitalization and process automation to make our supply chain more efficient and traceable. Throughout all this, we remain focused on the values that define us: quality, reliability, and sustainable business management.<\/p>\n\n\n\n<p><strong>So, does Skandia have a new identity today?<\/strong><br>I\u2019d say we\u2019ve rediscovered our industrial vocation, focusing on innovation, efficiency, and quality. We\u2019ve built a modern governance structure capable of making strategic decisions quickly. It\u2019s a business model that values people and puts economic and organizational sustainability at its core.<\/p>\n\n\n\n<p><strong>So Skandia is looking to the future with confidence?<\/strong><br>Absolutely. We\u2019ve overcome a major crisis and today we are a healthy company, with a solid structure, a clear vision, and shareholders ready to support further growth and acquisitions. The crisis is behind us. Now, we\u2019re moving forward with determination \u2014 ready to take on new challenges as key players.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From a heart-stopping corporate crisis \u2014 resolved through a complex continuity agreement \u2014 to a textbook turnaround, culminating in being selected by Decathlon not just as a supplier, but as a true production partner for stores across Europe and in markets like Brazil, Russia, and China. All this while manufacturing athletic footwear \u2014 a product [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":5690,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/britishdailynews.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/5688"}],"collection":[{"href":"https:\/\/britishdailynews.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/britishdailynews.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/britishdailynews.co.uk\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/britishdailynews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5688"}],"version-history":[{"count":2,"href":"https:\/\/britishdailynews.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/5688\/revisions"}],"predecessor-version":[{"id":5693,"href":"https:\/\/britishdailynews.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/5688\/revisions\/5693"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/britishdailynews.co.uk\/index.php?rest_route=\/wp\/v2\/media\/5690"}],"wp:attachment":[{"href":"https:\/\/britishdailynews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/britishdailynews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/britishdailynews.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}