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

Pic: Shutterstock

Apparel/Garments | On 26th Nov 2020

Bangladesh wants duty-free entry of 42 products into Nepal

Bangladesh has sought duty-free entry of 42 products, including...

Pic: Shutterstock

Textiles | On 26th Nov 2020

Curbs on exports to China may cripple Oz wool industry

The Australian wool industry may witness a crippling effect of...

Pic: Shutterstock

Retail | On 26th Nov 2020

BRC hails UK govt decision to open all retail after Dec 2

In response to Prime Minister Boris Johnson's announcement that all...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

The budget will give major impetus to textile and apparel consumption

Janak Dhamanwala & Sunil Dhamanwala, Jansun

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Manuj Terapanthi, Texaura

Manuj Terapanthi

Transparent supply chain and fair trade will boost sustainable market

Ian Burn,

Ian Burn

Camira's expertise goes from farm to fabric and everything in between. The ...

Ronald Van Den Broek,

Ronald Van Den Broek

Headquartered in Japan, Mimaki Engineering Co. Ltd. manufactures and...

Carmen Makover,

Carmen Makover

Leading the digital textile printing industry, Israel-based Kornit...

Paige Mullis, Glen Raven Inc

Paige Mullis
Glen Raven Inc

Paige Mullis discusses the expansion plans of Glen Raven Inc in India, and ...

Ian Russell, Pireta

Ian Russell

UK-based Pireta has developed a unique free-form process to add durable,...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Anjali Bhaskar, Samatvam

Anjali Bhaskar

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir

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

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

November 2020

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

Advanced Search