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26 Mar

Giglio.com Posts Strong 2022 Sales, Looks at Further International Expansion

by Beauty Tips
Fashion, Featured
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...
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2 Mar

Ferragamo Posts 2022 Sales Gain, on Track With Strategic

by Beauty Tips
Fashion, Featured
Ferragamo Posts 2022 Sales Gain MILAN — Ferragamo is “fully on the right track on all its strategic priorities,” as the corporate posted one other 12 months of growth in revenues. This was achieved “amid a fancy and volatile macroeconomic environment, through which we focused on the standard of sales in our retail network, progressed on the optimization of the wholesale channel, and increased investments within the second half, as planned,” said the corporate’s chief executive officer and general manager Marco Gobbetti during a conference call with analysts on Thursday evening. Last 12 months, the Florence-based company reported a ten.2 percent increase in sales to 1.25 billion euros, compared with 2021. Within the 12 months ended Dec. 31, net profit, including a minority interest,...
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