Latest news with #GiuseppeSantoni
Fashion Network
29-07-2025
- Business
- Fashion Network
Santoni launches Harrods pop-up to celebrate Sibille pump
Perched on a stiletto heel, the design is crowned with a refined tonal leather detail, echoing Santoni's double buckle as 'a nod to the Maison's artisanal heritage'. The season's palette 'embraces the warmth and depth of autumn', featuring rich chromatic tones, from Terracruda beige, Nero Fumo black, and Quercia dark brown to the delicate shades of Primavera pink, Sabbia d'Inverno grey, Mosto burgundy, and Fabriano yellow. Marking its 50th anniversary year, last month Santoni reported a 10.5% rise in first-half revenue to €64.2 million, 82% of which was generated abroad. Executive chairman Giuseppe Santoni said the brand's growth has been driven by the direct sales channels, thanks to digital-based investments including the introduction of its app, the optimisation of logistics and IT systems. Santoni's retail channel experienced a year-on-year increase of 46.3% and e-commerce grew 23.5%. The performance of its stores in New York (+45%), Miami (+48%), and Milan (+37%) were particular highlights.
Fashion Network
29-07-2025
- Business
- Fashion Network
Santoni launches Harrods pop-up to celebrate Sibille pump
Luxury Italian footwear and accessories brand Santoni has opened a pop-up store in Harrods Knightsbridge taking its place in the Harrods Shoe Heaven space until 31 August. The main point of reference will be the brand's Sibille pump for the AW25 season as a 'defining statement of modern femininity — the cornerstone of the contemporary woman's wardrobe'. It features a "slender, sculptural silhouette… expertly crafted from luxuriously soft Italian calfskin, offering both comfort and elegance in equal measure'. Perched on a stiletto heel, the design is crowned with a refined tonal leather detail, echoing Santoni's double buckle as 'a nod to the Maison's artisanal heritage'. The season's palette 'embraces the warmth and depth of autumn', featuring rich chromatic tones, from Terracruda beige, Nero Fumo black, and Quercia dark brown to the delicate shades of Primavera pink, Sabbia d'Inverno grey, Mosto burgundy, and Fabriano yellow. Marking its 50th anniversary year, last month Santoni reported a 10.5% rise in first-half revenue to €64.2 million, 82% of which was generated abroad. Executive chairman Giuseppe Santoni said the brand's growth has been driven by the direct sales channels, thanks to digital-based investments including the introduction of its app, the optimisation of logistics and IT systems. Santoni's retail channel experienced a year-on-year increase of 46.3% and e-commerce grew 23.5%. The performance of its stores in New York (+45%), Miami (+48%), and Milan (+37%) were particular highlights.
Fashion Network
22-07-2025
- Business
- Fashion Network
Santoni closes first half of the year with 64.2 million euros in revenue (+10.5%)
By Luxury footwear and accessories specialist Santoni reported a revenue total of EUR 64.2 million for the first six months of the year, 82% of which was generated abroad, representing a 10.5% increase compared to the same period last year. "Market volatility and the complex global socio-economic scenario do not change a fundamental truth: those who invest in quality, expertise and manufacturing excellence continue to grow and generate value, as well as interest, even in the new generations who approach this savoir-faire," said the brand's executive chairman Giuseppe Santoni. Driving the brand's growth has been, above all, direct sales channels, thanks to investments in the digital sphere—including the introduction of its app, the optimisation of logistics and IT systems—and the recent relocations of its flagship stores in Milan (18 Via Monte Napoleone, 200 sq. m.) and New York (267 Madison Avenue, about 350 sq. m.). Santoni's retail channel experienced a year-on-year increase of 46.3% and e-commerce grew by 23.5%. The performance of its stores in New York Madison (+45%), Miami (+48%), and Milan (+37%) was particularly positive. "Indirect channels are rebalancing, with America still growing by 15% and where the franchise network stands out with a performance of +15% compared to 2024," said the company, which expects sales of 133 million euros for the full year, 2025. This article is an automatic translation. Click here to read the original article.
Yahoo
19-07-2025
- Business
- Yahoo
Santoni Defies Luxury Slowdown With Its 50-year-old Value Proposition
Santoni has seemingly found its sweet spot at a time of global upheaval and slowdown in luxury spending. The Italian luxury brand logged growth in the first half of 2025 as it continues to invest in retail, women's footwear and the U.S. market — tariffs notwithstanding. More from WWD Here's What You Might Not Know About Nike's Q4 - New Findings Revealed Coats Group to Buy OrthoLite for $770 Million Tariffs Give Parents Back-to-School Shoe Anxiety In the six months ended June 30, sales at the storied shoe label increased 10.5 percent, compared to the same period in 2024, to 64.2 million euros — lifted by the direct-to-consumer channels. 'This is the result of work done already in 2023 and 2024. I believe that sticking to our product-centric vision and obsession with quality — and offering products that are value for money has allowed us to navigate this moment,' executive chairman Giuseppe Santoni told WWD and FN. 'We have always respected our clients,' he said, noting how the generalized euphoria on price increases — which he called 'sometimes unjustified,' has impacted consumer confidence in their favorite luxury brands. Retail registered a 46.3 percent jump in the first half, driven by brisk performance at Santoni's flagships, with notable strength in New York City, Miami and Milan. Revenues from digital channels — fueled by recent investments in technology infrastructures and a new app — increased 23.5 percent year-over-year. Currently accounting for 30 percent of the business, retail has become a primary avenue of growth for the brand. As reported, this year Santoni relocated two of its flagships, moving its Manhattan boutique three blocks uptown at 667 Madison Avenue and expanding its presence on Milan's Via Montenapoleone with a bigger unit. Both stores introduced the new retail blueprint developed by architect and designer Patricia Urquiola. Currently accounting for 20 percent of sales, the U.S. remain a top priority for the shoemaker. 'We remain optimistic. In light of our positioning and price strategy, we see opportunities to tap into,' Santoni said. 'The question mark is not only on tariffs, but also on the dollar depreciation, which could impact [prices] by an extra 10 to 15 percent,' he opined. 'For sure this will require [the industry] to rethink the positioning of European products in the U.S. market, with a focus on higher-end goods. There is no doubt that some [luxury] products cannot be produced in the U.S. or sourced [anywhere else] besides Europe,' he said, drawing a parallel with the Old Continent's dependence on the U.S. and Asia for technology goods. In an earlier interview with FN, the executive chairman said that the shoemaker was forging ahead with new openings in the U.S. between the end of 2025 and early 2026. Those plans are on standby given the global uncertainty, but the executive stressed that the company's commitment to the market has remained unchanged. In the first half of 2025, Santoni's turnover in the U.S. increased by 15 percent, with retail sales at its Madison Avenue boutique growing 45 percent year-on-year. The U.S., Italy and Switzerland are the only countries where Santoni operates its stand-alone stores directly, while relying on local partners elsewhere. In addition to New York, Miami and Milan, it has boutiques in Forte dei Marmi and Saint Moritz. 'The franchising channel is also on the rise, with more openings lined up,' Santoni said. Overall, there are 24 boutiques globally. The brand counts more than 600 wholesale accounts worldwide, a tally Santoni believes is adequate for its positioning. The executive said there are no plans to expand the store base or trim it down significantly. Santoni said the company is also looking to diversify its geographic footprint, especially in the Middle East, where it currently operates two boutiques at The Dubai Mall and The Avenue Mall in Kuwait. Also on tap is an opening in Doha, as well as Japan, where it is only distributed via the wholesale channel. Overall, Santoni predicts 2025 sales will reach 130 million to 135 million euros, up from 118 million euros in 2024. 'The final figure in that range really depends on how the global circumstances will evolve,' he said. The executive chairman is forging ahead following the departure of Eraldo Poletto, the first external chief executive officer appointed in 2023. Poletto left the company last August, and Santoni said there are no plans to onboard a new manager for the time being. In addition to geographic expansion, the brand — established as a men's only footwear firm in 1975 — has been expanding its women's offering, first introduced in the '90s. The move is paying off, the executive chairman said. 'Our female clients are increasingly appreciating our products' quality, style and design, as well as brand value. They are approaching us no longer as a men's footwear brand doing women's too, but rather as a legitimate player in that space, with credible collections,' Santoni said. Marking its 50th anniversary this year, the brand has released a book with Assouline titled 'Santoni Meraviglia,' referencing the Italian word for wonder. The book traces the evolution of the company from a family-run workshop established by Andrea Santoni in Corridonia, in Italy's Marche shoemaking region, to a global player. Best of WWD All the Retailers That Nike Left and Then Went Back Mikey Madison's Elegant Red Carpet Shoe Style [PHOTOS] Julia Fox's Sleekest and Boldest Shoe Looks Over the Years [Photos]
Fashion Network
01-06-2025
- Business
- Fashion Network
Santoni celebrates 50th anniversary with new store and Assouline book
Despite its rich Italian leather goods history which hails from Italy's epicenter of the trade, Le Marche, it's New York City that remains at the core of the Santoni brand. Founded with a goal to scale artisanal shoemaking by Andrea Santoni and five employees in 1975, in the family home's garage in Corridonia, it was a suitcase-in-a-hotel-room sales venture in the Big Apple which helped launch the exquisitely crafted shoes. Now as it marks its 50th anniversary, led by Andrea's son -- chairman and executive president, Giuseppe Santoni -- the global luxury goods purveyor offers men's and women's shoes, bags, belts and more. The event coincides with a new flagship in Manhattan and partnership with luxury book publisher Assouline, 'Santoni Meraviglia' which tells the story of the family and their brand. Giuseppe Santoni spoke to at the store opening and celebratory star-studded dinner. The new 4,500-square-foot, two story boutique at 667 Madison Avenue precedes a former New York store opened in 1997 and is located within a newly conceived commercial office tower, thus Santoni and his architect Patricia Urquiola had a blank space to work with. However, the ambitious design was a feat. 'It's a huge, beautiful space with very high, 27-foot ceilings. The construction process was very complicated due to this and because we installed a lighting system to mimic natural sunlight. You can see the real color of the shoe thanks to this lighting seat; typical indoor shop lighting discolors a product's appearance,' Santoni explained. Indeed, the ceiling featured an iron I-beam construction in triangular sections with luminescent panels that gave the appearance of soft spring afternoon light while outside in New York it was dark and cloudy. The design by Urquiola references the brand's first flagship in Milan which opened in 2012. Other design features include a pointed pyramid wave-effect wall covering and marble display tables and pedestals. The store sits in fine company with brands such as Brunello Cucinelli, Valentino, Jimmy Choo, and Tom Ford nearby. 'We wanted to create an ambience that is not a shop, but where we can tell the story of the Santoni lifestyle mood. It doesn't look like a store, but more like a private club or a lifestyle space where you see shoes and other leather goods collections mixed into architectural elements and design,' he continued. Beyond the specific area of Madison Avenue, the country at large is important for Santoni. 'The United States is our biggest export country. We're doing very well even in this tricky market situation where business is quite volatile. Since the beginning of 2025, the company overall has nice 15 percent double digit growth,' Santoni added. This is also in part to the growing success of its accessories category led by the Pluto bag which was introduced in 2023. According to Santoni the accessories component led by the bag's growth has increased existentially in the last six to 12 months. 'The Pluto bag is an unbelievable asset for Santoni and represents the brand from the design point of view. We are continuing to introduce new versions of the bag even for the next few years because we believe this is really the essence of the Santoni and important to the brand representation in the future,' he said. New iterations include suede styles and new travel accessories made from recycled materials. Beyond bags, the executive believes something other than possession for the sake of possessing drives the Santoni customer; it elicits an 'IYKYK' reaction. 'I'm positive because Santoni customers are loyal to our values and uniqueness of our hand crafted and hand painted offerings which are totally individual. They don't buy only a statement, but they buy something very specific, each pair of shoes is a piece of art; made by a single artisan their perfection lies in their imperfection. Our customer wants a different buying experience and to feel the emotion when you buy a specific product; you feel bold when you buy a pair of Santoni shoes,' he said. After exploring the new store, select guests such as Maggie Gyllenhaal and Michelle Monaghan joined the Santoni and the Assouline families and headed up Madison Avenue to the New York outpost of Caviar Kaspia at The Mark. While guests sipped vodka, enjoyed caviar and blinis and salmon in every form, Giuseppe Santoni and Assouline's president, Alexandre Assouline, welcomed guests. Assouline, noting that they publish a lot of books, said Santoni felt special and offered a toast to Santoni's 50th anniversary and new Madison Avenue flagship, highlighting the shared family values and dedication to heritage and craftsmanship that define both Santoni and Assouline, illustrated in the new title "Santoni Meraviglia". In speaking to about the partnership and meaning of the book's title, the chairman noted the synergy of the book as a luxury product like Santoni. 'Assouline and Santoni met through common friends, and they appreciate and understand Santoni. I appreciate what they do with the kind of passion and attention that they have. Compared to other editors, they have the highest-level quality,' he explained, adding, ''Meraviglia' or 'wonder' is experiencing something, so you remember it. What we do is something that is always created for people; when you see our shoes, our production process, visiting our factory, showroom, and stores. You can feel the meraviglia," he said. Demonstrated in the book is the family's unique approach to shoemaking in a region that boasts 70 percent of the country's shoe making facilities. 'Le Marche is a place where culturally shoes are created and our company has the sophistication, quality level and hard work that is unique. We are totally different from the others in the way we produce and how we do things,' he noted. While the book may sum up the last 50 years, Santoni is looking to the future. 'We're very proactive and productive. The book and the story are cool, and we are very happy and proud of our 50th anniversary, but this is not an arrival point. This is just the beginning of the next 50. There is a bright future in front of us," concluded Santoni.
