In 1958, Falabella was converted into a department store, and several years later, a new store was launched in Argentina. Nowadays, the family business has become a Latin powerhouse that holds over 80,000 employees in Chile, Argentina, Columbia and Peru, and also, it has declared having plans to make investments of $ 3.92 billion throughout the period from 2013 to 2017. Piero shares his part of the stake with his brothers Carlo Solari Donnagio and Sandro Solari Donnagio.
