Even independent brands are growing, as is shown by the results published by Alviero Martini Prima Classe, La Martina and MooRER, all experiencing double-digit growth. Results providing the possibility to plan for further expansions.
Alviero Martini double-digit
“We closed 2022 with a revenue of 52 million euro (55% leather goods and 26% shoes). We have grown 20% on 2020 and 30% on 2019, with an EBITDA of over 10%”. This was the statement made by Mauro Ronchi, COO of Alviero Martini, to L’Economia del Corriere della Sera. The good revenue comes with profits: “The company’s net financial position is positive for 6 million and liquidity is above 10 million, with medium and long-term debts with bank at just 4 million”. The solidity allows the company to believe in more growth, also through retail. “We plan on reaching 56 million in turnover in 2023 and 65 million in 2027 – concludes Ronchi -, which can go up to 70 if China performs well”.
La Martina and MooRER
Double-digit growth for La Martina and MooRER as well. The first, Argentinian brand with Italian roots, celebrates a 21% increase in sales during the 1st quarter of 2023. A progression, says Fashion Network, thanks to the +39% of direct stores (associated to the 18% growth of department stores and +16% from e-commerce), and the 27% increase of sales from the 2023-24 collection, that pushed La Martina far ahead. Meanwhile, in 2022, Veneto-based brand MooRER had a revenue of 38.6 million euro (+31%). The EBITDA was 9%. The brand expects sales to increase by 20% to reach a turnover of about 50 million euro.
Foto dai social
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