The luxury online retailer, listed on the AIM Italia program of the Milan Stock Exchange dedicated to small and medium-sized companies, said Wednesday that it is introducing a new business-to-business unit providing digitalization services.Digital Gateway is a new division leveraging Giglio.com’s 20-plus years of experience in running a fashion multibrand e-store providing business clients with services geared at ramping up their digital capabilities.
“Digital Gateway meets these needs with the best-in-class skills developed over Giglio.com’s many years of experience, which have been pivotal to our success,” he added. The move can also be seen as an avenue of business diversification for Giglio.com, which in 2023 logged a 10 percent uptick in sales to 56.3 million euros, and improved profitability, with adjusted earnings before interest, taxes, depreciation and amortization standing at a loss of 200,000 euros, an advancement of 3 percentage points in two years.product catalogues for clients and brands, leveraging Giglio.
Giglio.com was established in 1996 and functions as a marketplace with around 200 brick-and-mortar stores as partners, mainly based in Italy, in addition to France and Spain, among other countries.As reported, last year Giglio.com linked with Vestiaire Collective to enter the secondhand market and introduced a design and lifestyle section, both contributing to an increase in its gross merchandise value.
In addition to the Giglio.com business, the Giglio family independently operates five physical boutiques in Palermo, Italy — a business that began in 1965.A Look Back at Princess Caroline of Monaco's Three Royal Weddings…. We use vendors that may also process your information to help provide our services. // This site is protected by reCAPTCHA Enterprise and the Google. We use vendors that may also process your information to help provide our services.