1951, founded Sicem International S.r.L, Italian. Mr Kafri graduated with a degree in textiles and on joining the Fratini Group he specialised in the overseas outsourcing of clothing manufacture and licensing. They counted well-known companies such as Calvin Klein and Guess among their clientele. Mr Kafri moved into the luxury hotel sector in 2003 with the opening of his own five star hotel in Florence. In 2009, Sicem International S.r.l entered into an important partnership with the Coin Group, one of the most important retail chains in Italy. Since 2013, Mr Kafri has also been part of the Li & Fung/Global Brands Group whose European headquarters have been located in Florence since 2016.