Calzedonia group tops €3 billion revenue mark in 2022
Italian lingerie and hosiery giant Calzedonia
The share of revenue generated outside Italy grew from 56% in 2021 to 58.5%, while Calzedonia continued to expand its retail footprint, both in Italy and outside the country. In fiscal 2022, the group opened 252 new stores, of which 196 abroad. As of the end of 2022, the Calzedonia group operated 5,328 stores, 1,844 of them in Italy and 3,484 outside the country.
As in previous years, in 2022 the group led by CEO Sandro
Calzedonia, based in Dossobuono di Villafranca, Veneto, picked up the pace of its expansion and consolidation outside Italy in 2022, opening new stores in the USA, France, Spain and Brazil. The next planned opening is a 150 square-metre store on Barcelona’s Rambla Catalunya, for the Intimissimi lingerie chain. The Calzedonia group is present in 56 countries and is keen to strengthen its position on Europe’s key markets, while at the same time opening more stores in the USA and in South American countries.
In 2022, the group opened eight stores for its Atelier Emé bridal and occasion wear chain, and three for wine bar chain Signorvino. The latter in particular has benefited from the public’s renewed willingness to socialise and eat out, as the group explained in a press release. In 2023, Signorvino will set foot outside Italy for the first time, opening a store in the heart of Paris.
Calzedonia defined as “excellent” the commercial performance of cashmere knitwear label Falconeri, which is aiming to boost its presence both in Italy and abroad. In 2023, the group will also continue to expand the Intimissimi Uomo men’s underwear chain and to renovate and upgrade existing Calzedonia, Intimissimi and Tezenis stores.
In 2022, the Calzedonia group entered the ready-to-wear sector by becoming the majority shareholder, with an 80% stake, in Italian labelAntonio Marras