Successful accessories: Margot aims at 80 million

Successful accessories: Morgot aims at 80 million

Increasingly higher numbers for Margot group, Italian holding specialized in the creation of metal accessories for the apparel, leather goods and footwear segment. Revenue in 2022 reached the 50-million-mark and, for 2023, the goal is to close at 80 million euro. The results were discussed by Marco Vecellio, CEO of Margot, during an event in Castelbrando (near Treviso, in the hills), according to Il Sole 24 Ore, that was dedicated to 240 of the group’s collaborators.

We are an energy mass

Relevant numbers and growth forecasts made possible by the human factor as well. “Those that buy a handbag should feel your dedication and enthusiasm – states Vecellio -. In the past, within fashion, the culture was tied to competition, union fights, ferocious negotiations. Today a company such as ours is no longer a group of individuals, but one unit, and that’s how it’s perceived by the market. An energy mass, ordered and immovable. The key to success is not in the role that each of us covers, but in how we are perceived as a whole”.

30 million pieces

Margot group has been controlled by the MCP (Mindful Capital Partners) since 2019. EurmodaABC MoriniSimel 2.0 and Venetie are all part of it. In total: 8 operating sites located in Veneto, Emilia-Romagna, Tuscany, where 30 million units are produced every year.

Italian excellency

“We have invested in a segment made of Italian excellences that have no equal in the world – stated Andrea Tuccio, managing partner of MCP -. A chain that is currently consolidating and that is increasingly able to have successful dialogues with large luxury brands”.

Margot aims at 80 million

The increased revenue forecasted for 2023 will also have to include new acquisitions. The search was focused on companies active in the manufacturing of innovative materials for the chain, but also on commercial partnerships with a wide range. “We only evaluate the acquisitions that bring enthusiasm and energy – pointed out Vecellio -, not the ones that absorb them”.

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