News Formal

Stilnovo Parent Company Eyes Acquisitions and Sees Growth in 2023

  • 📰 wwd
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 68%

الإمارات العربية المتحدة أخبار أخبار

الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

The holding company that owns Stilnovo, the Italian lighting company, is eyeing expansion and preparing for growth in key markets.

In 1957, Stilnovo’s Sputnik pendant lamp was created, celebrating an age of space exploration. Fashioned with rays that expand in all directions, it was a testament to an era of growth fueled by the design vision of famed designers and architects like the Castiglioni brothers Achille, Livio and Pier Giacomo; Ettore Sottsass, and many more.

Stilnovo, which the group acquired in 2019, is still in a launch phase. “We can say that the growth recorded in 2021 and 2022 allowed it to reach around 5 million in sales. In all honesty, for Stilnovo 2023 we see continuous and encouraging growth abroad, much faster than in the Italian market,” Bolzan added.

“As far as Stilnovo is concerned, we have significantly strengthened our catalogue of certified products for the U.S. market and we aim to expand our market share in the U.S. in the coming years,” Bolzan said.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 24. in AE

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

UFC, WWE New Parent TKO Reports First Financials As Public CompanyTKO Group, the new Endeavor-owned public company created by the merger of UFC and WWE, posted its first quarterly financial results today driven by Ultimate Fighting Championship, which saw its num…
مصدر: DEADLINE - 🏆 109. / 63 اقرأ أكثر »

Trust Wallet's TWT Falls as Parent Company Binance Releases Web3 WalletOliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.
مصدر: CoinDesk - 🏆 291. / 63 اقرأ أكثر »

Il Makiage parent Oddity’s stock soars 12% after earnings top estimates and company raises guidanceOddity is planning to launch 10 new products in 2024 based on molecules discovered at its Boston-based lab
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

Why Milk Makeup Parent Company Faces Nasdaq DelistingThe issue stems from Waldencast’s other brand, Obagi, according to regulatory filings.
مصدر: wwd - 🏆 24. / 68 اقرأ أكثر »

Il Makiage parent Oddity’s third-quarter earnings top estimatesCompany again raises its full-year guidance
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »