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Profile: Eataly<br />
All Eataly stores are dedicated to different themes —<br />
such as peace, harmony, beauty, courage and music — and<br />
each is unique in other ways as well. Many stores, like the<br />
Carpano factory location in Turin or the one in Milan’s<br />
Smeraldo Theater, are industrial or cultural landmarks in<br />
their own right. They are also huge: the original in Turin is<br />
30,000sq ft and the Chicago branch is 63,000sq ft.<br />
The product mix changes from store to store. In Italy,<br />
producers from the respective surrounding regions are more<br />
heavily represented, while Eataly sites abroad also use a fair<br />
share of local — but rigorously high-quality — raw materials.<br />
That said, there is no substitute for San Marzano tomatoes,<br />
San Daniele prosciutto or Italy’s famed extra virgin olive oil.<br />
“I’m opposed to a free-for-all approach, but I’m also against<br />
a radical kilometer-zero philosophy,” Farinetti says.<br />
As he brings Italy’s culinary magic to new destinations,<br />
Farinetti is frequently accompanied on his<br />
travels by Carlo Petrini, the founder of<br />
Italy’s Slow Food movement and a longtime<br />
friend. Slow Food promotes sustainability<br />
and biodiversity and has served as Eataly’s<br />
strategic consultant from the start,<br />
participating in the painstaking task of<br />
identifying potential suppliers and helping<br />
develop classes and other educational<br />
activities, which are a fundamental part<br />
of the Eataly experience.<br />
“When they come to Eataly, I want people<br />
to say, ‘This is a great place where I can<br />
satisfy all my desires,’” Farinetti explains.<br />
“But I also want people to see that this is a<br />
42<br />
Eataly is more than<br />
just a retail outlet;<br />
every store includes<br />
restaurants as well.<br />
nations taking<br />
145 part in the<br />
Universal Exposition,<br />
sharing ideas on the<br />
theme “Feeding the<br />
Planet, Energy for Life”<br />
23m people<br />
expected<br />
to visit the Expo over<br />
its six-month life<br />
“I want people to say, ‘This<br />
is a great place where I can<br />
satisfy all my desires.’”<br />
different sort of place that also wants<br />
to educate.”<br />
Even when he’s in Italy, Farinetti is always<br />
on the move. The success of Eataly and his<br />
direct, approachable manner have made him<br />
a popular speaker at corporate strategy events. And Expo<br />
2015, the World’s Fair that opened in Milan on 1 May and<br />
continues until 31 October, features 20 Eataly restaurants,<br />
one for each of Italy’s regions and their varied culinary<br />
traditions. Aside from bringing the best of Italian food to Expo,<br />
Farinetti is also happy that Eataly’s pavilion is hosting the<br />
“Treasures of Italy” exhibition, featuring hundreds of artworks<br />
produced by Italian masters over the centuries and an<br />
example of what he calls the country’s “artistic biodiversity.”<br />
Deep family roots<br />
Meanwhile, Eataly is warming up for a listing on the Milan<br />
stock market, which Farinetti sees as a natural development<br />
for Italy’s only global food retailer. Tamburi Investment<br />
Partners, which acquired a 20% stake in Eataly for €120m<br />
(about US$135m) in 2014, will oversee the group’s initial<br />
Eataly at Milan Expo 2015<br />
sq ft<br />
86,000 space<br />
that houses the Eataly<br />
pavilion, called “The<br />
Answer is Blowing in<br />
the Wind”<br />
2 permanent<br />
restaurants in<br />
the pavilion<br />
20 revolving<br />
restaurants, with<br />
the restaurateur changing<br />
each month<br />
cafés and numerous<br />
6 food counters<br />
100+ regional<br />
varieties<br />
of Italian wine on offer