"The Italian maker of a small black notebook once used by Vincent
Van Gogh, Henri Matisse and Ernest Hemingway has put his company up for
The Moleskine, named for its oilcloth cover, gained cult status
after its relaunch in 1998 by Mario Beruzzi.
Last year, his company Modo & Modo sold 4.5m notebooks across
the world, half of them in the United States. The company, with a staff of 13,
had turnover of €12.7m (£9.1m) last year and profits of more than €2m. In the UK
its classic notebook sells for upwards of £7.
Mr Beruzzi, 69, said: "Moleskine is growing very quickly and it
is becoming too big for us. We do not have the capacity to follow it through."
He said KPMG, the accountants, were preparing the company for sale…"
[via Mike Shea]
4.20.06 4.00 P CST
An Official Statement to the Moleskine Community from Modo & Modo