The successful organization of the 2023 Cosmopack exhibition in Bologna attracted 2900 exhibitors from 64 countries, showcasing new trends and technological innovations in the beauty industry. This highlights the resilience and development potential of the industry in the face of economic fluctuations.
The group appointed Robert Triefus as CEO of its Stone Island brand to “lead the second phase of development, focusing on the strategic development of the brand and the growth of its international influence”.
Benefiting from positive pricing strategies and product portfolio, as well as a decrease in transportation and energy costs, the group’s gross margin significantly increased to 58.4% in the first quarter.
Since going public, the company’s stock price has risen nearly 15%, with a current market value of approximately 17.6 billion euros.
Paying tribute to the creativity and transformative power exhibited by contemporary Chinese women.
In terms of regions, the strongest markets in 2022 were Europe, North America, and the Middle East, while the Greater China region was filled with uncertainty due to the COVID-19 pandemic.
With the acquisition of Celi, TISG has unlocked the opportunity to expand into non-industrial sectors such as high-end construction and luxury hotels. This move not only solidifies TISG’s position in the market but also presents new avenues for growth and profitability.
Ermenegildo “Gildo” Zegna, Chairman and CEO of the Zegna Group, stated, “We started 2023 with an encouraging upswing led by further reopening in the Greater China Region following COVID-19-related restrictions.
Saint Angelo’s revenue in 2022 was CNY 4.313 billion, with HAZZYS showing the second-highest growth trajectory.
Italy brings over 140 exhibiting brands to cover various categories such as fashion, furniture, cosmetics, agricultural products, jewelry, automobiles, and more.