Stefano Beraldo
Chief executive of OVS
Stefano Beraldo is the chief executive of OVS, Italy's leading clothing retailer, and the only executive director on its board. OVS, which began as a division of the Coin department store group and listed in 2015, operates more than 2,600 stores and reported sales of 1,746 million euros in 2025.
| Role | Chief executive, OVS S.p.A. |
|---|---|
| Organisation | OVS |
| Group size | More than 2,600 stores |
| 2025 sales | 1,746 million euros |
| Listing | Italian Stock Exchange since 2015 |
Who is Stefano Beraldo?
Stefano Beraldo is the chief executive of OVS S.p.A., the Venice based group that describes itself as Italy's leading clothing retailer. He is the only executive member of the company's board, which is chaired by Franco Moscetti. OVS operates more than 2,600 stores, mainly under the OVS, Upim and Goldenpoint banners, and reported sales of 1,746 million euros and EBITDA of 218 million euros for 2025.
Career
Beraldo leads a company with a long corporate history. OVS began in Venice in 1972 as Magazzini Oviesse, a division of the department store group Coin. In 2005 the business was transferred into a dedicated subsidiary, and in the following years it grew through acquisitions such as the Melablu chain in 2008, Upim in 2010 and the children's wear chain IANA in 2011. In 2014 the OVS and Upim division was carved out into OVS S.p.A., which listed on the Italian Stock Exchange in 2015.
- OVS S.p.A.: chief executive and executive director
- 2015: listing of OVS on the Italian Stock Exchange
- 2019 to 2024: acquisitions of Piombo, Stefanel, Les Copains and Goldenpoint
- Brand portfolio: OVS, OVS Kids, Upim, Blukids, Croff, Piombo, Stefanel, Les Copains, Goldenpoint and Gap in Italy
Influence on the fashion business
Under Beraldo, OVS has followed a strategy that is distinctive in European mass market fashion. Rather than relying on a single brand, the group operates a platform of proprietary banners aimed at different customer lifestyles and price points, from value family clothing to more premium labels such as Piombo and Les Copains. It has also used acquisitions to absorb historic Italian names, including Stefanel and Goldenpoint, and operates the Gap brand in Italy.
OVS has also been expanding beyond its home market. In September 2026 the group opened its largest flagship store in Dubai, an illustration of its ambition to export an Italian value fashion offer to international markets.
This positions OVS as a mid market competitor to global fast fashion chains, relying on scale and a portfolio of locally relevant brands.
Why it matters
OVS is one of the few Italian clothing retailers to have reached national leadership and a stock market listing, and Beraldo is its chief executive. His multi brand, acquisition led approach offers a model for consolidating fragmented national fashion markets, and makes OVS a significant buyer, partner and potential acquirer for brands and suppliers in Southern Europe.
Frequently asked questions
Who is the CEO of OVS?
Stefano Beraldo is the chief executive of OVS S.p.A., Italy's leading clothing retailer. He is the only executive director on the company's board.
Which brands does Stefano Beraldo's OVS group own?
The OVS group operates banners including OVS, OVS Kids, Upim, Blukids, Croff, Piombo, Stefanel, Les Copains and Goldenpoint, and runs Gap in Italy. It has more than 2,600 stores.