This IPO comes at the peak of Oddity’s rapid growth period. In addition to acquiring two companies in 2021 and 2023, Oddity also launched the skincare brand Spoiled Child in February 2022.
Antonio De Matteis, CEO of Kiton and newly appointed president of Pitti Immagine, expects the revenue for 2023 to approach 200 million euros, reflecting a growth rate of approximately 23.4%.
Italian luxury yacht manufacturer Ferretti is set to debut on the Milan Pan-European Exchange.
Previously, media outlets such as Reuters and Bloomberg speculated that Moncler Group could be a potential buyer for Golden Goose.
Antony Morato’s CEO, Lello Caldarelli, stated, “Our target is to reach €85 million with a growth rate of 15%.”
Overseas markets and e-commerce channels are the two major growth drivers for Santoni.
“The company’s fixed costs are too high, to the point that there is no capacity to carry out marketing efforts like those of the LVMH group.”
Meanwhile, the Christopher Kane brand is also actively seeking refinancing or sale options.
NIO Secures $1.1 Billion Strategic Investment from Abu Dhabi Sovereign Fund, CYVN Holdings, in the Middle East!
These brands not only address practical pet care needs but also infuse a sense of aesthetics into their pet products, thanks to their imaginative ideas and high-quality Italian manufacturing craftsmanship. By doing so, they create a new emotional space between humans and animals, enhancing the bond between them.