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26 Mar

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

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

Ferragamo Posts 2022 Sales Gain, on Track With Strategic
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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19 Feb

Presidents’ Day 2023: Best Beauty Sales and Skin-Care Deals:

Presidents’ Day 2023: Best Beauty Sales and Skin-Care Deals:
Best Beauty Sales and Skin Presidents' Day will not be essentially the most glamorous of holidays but, for a lot of, it means a three-day weekend and finding some sweet deals. Tons of brands and multi-retailer stores like Nordstrom, Ulta Beauty, and Sephora are offering slews of discounts throughout your complete weekend leading as much as Monday, February 20. In search of a reduction on luxury skincare you would not dare buy at full price? (Because we get it.) Take a look at Bluemercury because, so long as you are a member of its free loyalty program, you'll be able to easily rating 20 percent off on Augustinus Bader's The Wealthy Cream. Or must replenish your stock of pimples patches? Peace Out...
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1 Feb

E.l.f. Beauty Raises Full-year Forecast as Sales Surge –

E.l.f. Beauty Raises Full-year Forecast as Sales Surge –
E.l.f. Beauty ended last 12 months with a bang, ringing in its sixteenth consecutive quarter of sales growth and enabling it to once more raise its full-year outlook. While the U.S.’s uncertain economic backdrop could also be weighing on some, especially within the prestige sector, the Oakland, California-based mass beauty company saw double-digit sales growth across all key categories. Net sales gained 49 percent year-over-year to hit $146.5 million in E.l.f.’s third quarter ending Dec. 31. Analysts polled by Factset had forecast sales of $137 million. Because of this, E.l.f. updated its outlook for fiscal 2023 to reflect an expected 38 to 39 percent year-over-year increase in net sales, as in comparison with an expected 22 to 24 percent year-over-year increase previously. Net income...
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