According to analysts at JPMorgan, this deal signifies Arezzo’s shift towards positioning itself as a potential global shoe powerhouse.
The group is planning new acquisitions in the manufacturing and retail sectors to maintain the business performance and strengthen its internationalization.
The group said, the goal is to reach nearly 50 million euros by 2025 and at least more than 2600-27 million euros by 2023.
On the following analyst’s call, , Chief Executive Officer and General Manager Marco Gobbetti said sales in mainland China at the start of the year were also encouraging.
Moncler Group achieves a remarkable 25% year-over-year increase in sales, reaching €2.6 billion in 2022, with both of its major brands hitting record highs.
In the conversation, Cattaneo shared with us important moments of Ferrari’s 30 years in the Chinese mainland market, as well as his insights on the development of the Chinese market and Ferrari. Jiang shared with us the opportunity, process, and rewards of this collaboration, her artistic career, and future plans; she also discussed how Chinese culture and Chinese luxury brands could establish a connection with the world.
At the end of 2022, Calzedonia Group ranked first on the Pambianco Award leQuotabili list of the 17th annual Italian most promising listed companies, released by the Italian fashion and luxury brand research institution Pambianco.
The goal of the “new strategic plan” is to double the brand’s sales to approximately 200 million euros within three years.
According to the official schedule, there will be a total of 165 events, including 59 fashion shows (54 in-person shows and 5 digital shows), 70 exhibitions, 7 presentations by appointment, and 29 cultural events.
OTB Group has finalized its 2023-2025 strategic plan, confirming its ambitious organic growth targets as well as its interest in potential acquisition targets in the luxury goods industry.
