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.

According to the report, Chinese high-spending consumers exhibit a willingness to spend that is 50% higher than the global average.

“We intend to maintain a growth rate of 100% in the coming years, achieve €10 million in EBITDA within four years, and consider listing on the stock exchange in 2024.”

Fenice’s revenue increased by 134% year-on-year to 61 million euros, while Tbs Crew’s revenue grew by 105% year-on-year to 14.6 million euros.

According to speculation, the acquisition price for Pinarello is estimated to be around €200 million.

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.

Reda is known for producing entirely “Made in Italy” and sustainable Merino wool fabrics.

Antony Morato’s CEO, Lello Caldarelli, stated, “Our target is to reach €85 million with a growth rate of 15%.”