Tomorrow Ltd Acquired by the Progetto 11 Holding Company
Tomorrow Ltd has a new owner. The British showroom and brand incubator co-founded and led by Stefano Martinetto—which has been undergoing an internal reorganization for some time—is now passing into the hands of Progetto 11, the holding company that oversees The Level Group, the Italian e-commerce partner founded by Andrea Ciccoli.
The Level Group collaborates with a portfolio of more than twenty fashion and luxury brands. In 2025, the group generated revenue exceeding 250 million euros and acquired Tomorrow Ltd from Three Hills Capital Partners, which had been at the helm of Tomorrow since 2022.
Founder’s Departure and Stabilization of the Platform
As part of this transaction, the founder of the acquired company, Tomorrow Ltd, Stefano Martinetto, reportedly left the company permanently; he had been a minority shareholder.
“Progetto 11,” the holding company stated, “will ensure Tomorrow’s operational continuity and, as the next collections approach, will provide new capital as well as operational support. This marks the beginning of a stabilization phase for one of the most established fashion distribution platforms in Europe and the United States.”
Recent Challenges for Brands in the Portfolio
Recently, Martinetto’s platform had already found itself in the spotlight due to events involving certain brands in its portfolio, namely Martine Rose and Coperni, in which it holds a majority stake. The former, in particular, faced the suspension of production for its collection, while the latter was affected by the cancellation of its Paris fashion show.