Moreschi, 78 years of Vigevano's handmade shoes, was wound up under a Swiss fund's watch

Calzaturificio Moreschi di Vigevano was a historic symbol of Italian craftsmanship and quality in made-in-Italy footwear, running for 78 years. At the end it was led by Guido Scalfi, the representative of the Swiss fund Hurleys, and was known internationally for its high-end men's shoes.

The company had accumulated heavy debt toward its creditors and the tax authority. Days before the decision, Moreschi tried to avoid collapse through the composizione negoziata della crisi, a procedure meant to let a struggling firm reach an agreement with its creditors. The plan failed to convince them, and creditors pushed for the definitive closure instead.

In July 2024 the Tribunale di Pavia declared the liquidazione giudiziale of the company, acknowledging its insolvency. In November the Guardia di Finanza seized 11,500 pairs of shoes and about 1,000 uppers bearing the brand. By February 2025 an Italian company was interested in buying the machinery, the fixtures, the shoe stock and the lease on the Milano store; the brand itself was sold to a single buyer in April 2025.