InternationalExpansion Tag

MILAN — Almost two years after luxury online retailer Giglio.com landed on the Milan Bourse, the corporate is trying to further grow its international footprint on the back of strong 2022 sales. The e-tailer, which is publicly listed on the AIM Italia, the Stock Exchange’s program dedicated to small and medium-size corporations, posted sales of 51.1 million euros in 2022, up 35 percent year-over-year. “The world has modified, we’re living a rollercoaster since 2020 with the pandemic, store closures, energy supply snafus and a war at the guts of Europe….Luckily we proved resilient,” said Giuseppe Giglio, the firm’s president and chief executive officer. Since 2015, the corporate has grown at a compound annual growth rate of fifty percent. For comparison, Giglio.com revenues stood at 4...