The Marcolin Group has reported a double-digit increase in sales last year. They reached €432 million, rising by 21 percent in euros and by 11 percent in constant currencies. The operating profit was in line with expectations, said the company, declining to add further details on the bottom line.
Sales increases were recorded for all the brands in the group's portfolio and in all the geographies, but especially in Spain, Portugal and Italy, where the sales force has been restructured, while reinforcing the relations with customers. About 42 percent of the group's turnover is generated in the Americas, 30 percent in Europe and the balance in the rest of the world.
A major sales increase is expected for this year in China. Without providing further details, the management indicates that it will concentrate on brands that are well-known internationally and that have a well-defined DNA. Marcolin plans to announce soon an agreement for a new collection with an important foreign luxury brand.