Kiko’s CEO Simone Dominici asid the target for 2023 is to exceed 800 million in revenue and more than 100 million in EBITDA.
Luxe.CO’s comprehensive coverage of brand and business portfolio changes of luxury giants from January 2019 to June 2023
The sales in the US market experienced a significant year-on-year surge of 52%, reaching £653 million, which accounted for 42% of the group’s total revenue.
China’s mainland achieved double-digit growth, while Hong Kong and Macau experienced triple-digit year-on-year growth.
Pettenon Cosmetics has achieved an impressive 70% of its revenue from overseas markets, with its products exported to 114 countries.
The opening of new stores by the company has led to improved sales, and there has been some optimization in expense ratios.
The Group expects turnover to return to pre-COVID-19 levels in 2023, thanks to investments in products and customer relationships.
The opening of new stores by the company has led to improved sales, and there has been some optimization in expense ratios.
Proya’s 6*N strategy demonstrates remarkable effectiveness.
Currently, Morellato Group’s brands are present in over 40 countries, with a strong focus still centered in Europe. However, in the coming years, the company’s priority will shift towards the Middle East and further attention will be given to the United States and China.