Intesa Sanpaolo has provided a €15 million loan to Kiton, the flagship brand of the Ciro Paone Group, a Neapolitan pioneer in high-end tailored garments, to support its international expansion and development goals. The money will be used to renovate a six-story building in the center of Manhattan. The goal is to constantly improve the boutique's appearance and experience while keeping a strong lifestyle focus. The majority of the space will be dedicated to the display and sale of tailored clothing, which is a symbol of Made in Italy quality globally. Ciro Paone founded Kiton in 1968, and the brand is known for its pursuit for exquisite natural fabrics, artisanal innovation, and sensitivity to supply chains. With 5 production sites in Italy and over 800 employees, the Ciro Paone Group has been acknowledged internationally as a benchmark in the Italian luxury fashion business since the 1960s. Its global footprint has been strengthened by distribution in over 70 countries.