Istituto Marangoni expands CEC's international offerings in new markets

29 Jan '07

3 min read

Career Education Corporation (CEC) announced that it has acquired Istituto Marangoni, a world-renowned post-secondary fashion and design school with locations in three prominent international fashion capitals: Milan, London, and Paris. The acquisition expands CEC's European operations and marks its entry into the Italian market.

Istituto Marangoni, which has approximately 1,500 students, offers undergraduate and graduate level diploma programs in fashion design and other related fields such as fashion styling, fashion business, fashion promotion, furniture design, product design, interior design and graphic design.

Since its establishment in Milan in 1935, Istituto Marangoni has been synonymous with high quality fashion-design studies. Leading international fashion and design houses turn to the school to find qualified talent, and notable graduates include fashion luminaries Domenico Dolce (Dolce & Gabbana) and Franco Moschino (Moschino).

"Adding a premier institution like Istituto Marangoni to the CEC family of schools presents an outstanding opportunity for us to continue to develop our international platform as well as augment our offerings in fashion design," said Todd H. Steele, CEC's president of International and Start-Up Divisions. "This acquisition is also consistent with our core business strategy to bring aboard distinguished schools in high-demand disciplines that prepare students for careers they are passionate about."

"The acquisition by CEC is the final component of Istituto Marangoni's expansion and internationalization strategy, which began in 2003 and resulted in the opening of two new campuses in London and Paris," said Istituto Marangoni president Fabio Marangoni.

"We are proud to join CEC's world-renowned international network which allows us to offer a wider range of facilities and opportunities to our students and represents the recognition of Italian education on the international level."

"Istituto Marangoni has played a vital role in the evolution of fashion and design over the last 70 years, and I am sure that our experienced instructors, innovative curriculum and student-focused approach will be an excellent complement to CEC and its family of schools around the globe."

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