Since July 2002, The Nuance Group is jointly and equally owned by GECOS/Gruppo PAM SpA and Stefanel SpA.

GECOS/Gruppo PAM SpA (www.gruppopam.it)

GECOS/Gruppo PAM is one of the leaders in Italian food retailing, with an annual turnover of some EUR 2.2 billion and more than 10'600 employees. The group also controls a restaurant business and is a co-investor in multiplex cinemas. The company was founded in Venice, Italy, in 1958 as a supermarket operator and has grown over the years both organically and through acquisitions; it has also expanded into further segments of the food retail market such as hypermarkets and hard discounts.

Stefanel SpA (www.stefanel.it)

Stefanel was founded near Venice in 1959. Its initial focus was on the manufacture and wholesale of woollen and knitted garments. The company has since expanded globally and into men's and women's clothing manufacture, marketing and retailing with its own Stefanel brands, the Marithé + François Girbaud lines and the Hallhuber and Donna by Hallhuber labels. The Stefanel Group presently operates over 660 stores mainly in Italy and other European countries. The company's shares are listed on the Italian stock exchange.