Home / Knowledge / News / Fashion / Mariella Burani Fashion generates healthy sales for Q1
Mariella Burani Fashion generates healthy sales for Q1
May '08
The Board of Directors of Mariella Burani Fashion Group Spa yesterday approved the consolidated financial results for the first quarter of 2008 which reflect:

• Revenues of € 181.2 million from € 178,1 million in 1Q 2007, reflecting 1.7% total growth and 12.8% organic growth.
• EBITDA of € 29.1 million (+14.4%) vs. € 25,5 million in 1Q 2007.
• EBIT of €24.8 million (+24.2%) vs. € 20 million in 1Q 2007.
• Pretax income of €16.7 million (+20.1%) vs. € 13,9 million of in 1Q 2007.

Consolidated revenues of 1Q 2008 increased to € 181.2 million compared to € 178.1 million for the same period in 2007. Total revenues reflect the net impact of the disposal of the multi-brand retail division in May 2007, the consolidation of Valente and Calgaro (Fashion jewellery), and the acquisition of Dadorosa (Leather Goods) in June 2007. Organic revenues grew by 12.8% during the period.

The Group's total growth was driven primarily by:
• The strong performance of the Leather Goods division (Antichi Pellettieri) that realised 18,5% growth during 1Q 2008: the divisional growth was primarily driven by the excellent results of own brands such as Baldinini (+40%), Braccialini (+37%) and Sebastian (+39%);
• The growth of the Apparel division driven by the optimal performance of Junior Fashion Group;
• The optimal growth realised in emerging luxury markets (+33.1%) driven by the strong growth realized in Russia, Eastern Europe, and the Middle East;
• The Organic growth realized in Italy (+8.0%).

Ebitda reached €29.1 million for the year (+14.4%) with an Ebitda margin of 16.1% versus 14,3% for the same period in 2007. Ebitda growth is mainly attributable to the continuous improvement in the Group's sales mix, to operating leverage, economies of scale and further rationalization of the Apparel division.

The Group's sales mix reflects:
• Leather Goods and Fashion Jewellery divisions, which together generated 63.4% of revenues vs. 50.9% in 1Q 2007;
• Export sales which generated 63.1% of revenues with emerging markets representing 35.9%, and US and Japan, together limited to 5% of the Group's revenues.
• Own brands which generated 81.7% of revenues;
• Direct distribution channels which generated 52.2% of revenues with the Group's retail network reflecting 16.2% of revenues.

Must ReadView All

NRF urges US Congress to step in, stop trade war

Apparel/Garments | On 21st Jun 2018

NRF urges US Congress to step in, stop trade war

The National Retail Federation (NRF) recently urged the US Congress...

Courtesy: Connor Group

Textiles | On 21st Jun 2018

Protectionism top threat to textile sourcing: William Connor

Protectionism is the biggest political factor and threat affecting...

Courtesy: Tintex

Textiles | On 21st Jun 2018

'Price ratio is key factor for knitted fabrics market'

The price ratio is a key factor for the global knitted fabrics market ...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Divvya and Nidhhi Gambhir

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search