Latest news with #Morellato
Fashion Network
3 days ago
- Business
- Fashion Network
Morellato Group, Italy's leading jewelry and watchmaker, closes fiscal year with €723 million revenue and 21.3% EBITDA
Morellato Group, a prominent Italian jewelry and watchmaking company headquartered in Fratte di Santa Giustina in Colle, Padua, concluded its 2024/25 fiscal year (ending February 28, 2025) with positive financial results and improved profitability. The company maintained its leadership position in Italy, reporting revenues of €723 million, a slight decrease from €737 million the previous year, while its EBITDA margin rose to 21.3%. Employing 4,800 people, Morellato Group oversees 22 brands, including Morellato, Bluespirit, Christ, D'Amante, Cleor, Philip Watch, and Sector No Limits. Precious jewelry accounted for 75% of its turnover, e-commerce contributed 20%, and international markets represented 70% of sales. The group's products are available through 7,000 wholesale retailers across 60 countries and 660 directly operated stores, complemented by six proprietary e-commerce platforms. Morellato expanded its retail footprint in the last fiscal year with 19 new store openings. It initiated a store refurbishment program across four European markets, aiming to increase its retail presence in 2025. The company emphasized its commitment to sustainability by producing all precious collections under the Morellato brand using 100% recycled silver. It continues to support the growth of Live Diamond, a brand offering fully sustainable precious jewelry made from 100% recycled gold and lab-grown diamonds and gemstones. The German brand Christ also utilizes only 100% recycled silver in its products. In 2024, Morellato Group signed a significant licensing agreement with the Karl Lagerfeld fashion house to produce and distribute watches and jewelry, bringing the total number of brands it manages, including owned and licensed, to 22. 'I am satisfied with the results achieved in 2024, a particularly challenging year for the market environment and for the group's efforts, which allowed us to increase profitability and gain new market shares,' said Massimo Carraro, president of Morellato Group. 'We accomplished this by consistently implementing our corporate manifesto 'Make It Precious,' which serves as our guiding principle and decision-making framework, always focusing on the customer. This approach has proven effective, and I am even more convinced of the importance of continuing it.' Morellato Group owns 15 brands: Morellato, Sector No Limits, Philip Watch, Lucien Rochat, Live Diamond, Oui&Me, La Petite Story, Chronostar, and FAVS, along with retail brands Bluespirit (specializing in 18-karat gold) and D'Amante (focused on diamond and gemstone jewelry) in Italy, and Christ (operating in Germany and Austria), Brinckmann & Lange, Cleor (based in Paris), and Noélie. The group also holds licenses for seven brands: Karl Lagerfeld, Maserati, Chiara Ferragni, Trussardi, Esprit, Jette, and Guido Maria Kretschmer. A pioneer in the jewelry sector with ESG certification, Morellato began publishing its Sustainability Report in 2022 following international GRI Standards. Since 2023, the group has been certified by the Responsible Jewellery Council (RJC), the leading global organization for defining and monitoring sustainability criteria in the jewelry industry, adhering to the strictest environmental standards.
Fashion Network
4 days ago
- Business
- Fashion Network
Morellato Group, Italy's leading jewelry and watchmaker, closes fiscal year with €723 million revenue and 21.3% EBITDA
Morellato Group, a prominent Italian jewelry and watchmaking company headquartered in Fratte di Santa Giustina in Colle, Padua, concluded its 2024/25 fiscal year (ending February 28, 2025) with positive financial results and improved profitability. The company maintained its leadership position in Italy, reporting revenues of €723 million, a slight decrease from €737 million the previous year, while its EBITDA margin rose to 21.3%. Employing 4,800 people, Morellato Group oversees 22 brands, including Morellato, Bluespirit, Christ, D'Amante, Cleor, Philip Watch, and Sector No Limits. Precious jewelry accounted for 75% of its turnover, e-commerce contributed 20%, and international markets represented 70% of sales. The group's products are available through 7,000 wholesale retailers across 60 countries and 660 directly operated stores, complemented by six proprietary e-commerce platforms. Morellato expanded its retail footprint in the last fiscal year with 19 new store openings. It initiated a store refurbishment program across four European markets, aiming to increase its retail presence in 2025. The company emphasized its commitment to sustainability by producing all precious collections under the Morellato brand using 100% recycled silver. It continues to support the growth of Live Diamond, a brand offering fully sustainable precious jewelry made from 100% recycled gold and lab-grown diamonds and gemstones. The German brand Christ also utilizes only 100% recycled silver in its products. In 2024, Morellato Group signed a significant licensing agreement with the Karl Lagerfeld fashion house to produce and distribute watches and jewelry, bringing the total number of brands it manages, including owned and licensed, to 22. 'I am satisfied with the results achieved in 2024, a particularly challenging year for the market environment and for the group's efforts, which allowed us to increase profitability and gain new market shares,' said Massimo Carraro, president of Morellato Group. 'We accomplished this by consistently implementing our corporate manifesto 'Make It Precious,' which serves as our guiding principle and decision-making framework, always focusing on the customer. This approach has proven effective, and I am even more convinced of the importance of continuing it.' Morellato Group owns 15 brands: Morellato, Sector No Limits, Philip Watch, Lucien Rochat, Live Diamond, Oui&Me, La Petite Story, Chronostar, and FAVS, along with retail brands Bluespirit (specializing in 18-karat gold) and D'Amante (focused on diamond and gemstone jewelry) in Italy, and Christ (operating in Germany and Austria), Brinckmann & Lange, Cleor (based in Paris), and Noélie. The group also holds licenses for seven brands: Karl Lagerfeld, Maserati, Chiara Ferragni, Trussardi, Esprit, Jette, and Guido Maria Kretschmer. A pioneer in the jewelry sector with ESG certification, Morellato began publishing its Sustainability Report in 2022 following international GRI Standards. Since 2023, the group has been certified by the Responsible Jewellery Council (RJC), the leading global organization for defining and monitoring sustainability criteria in the jewelry industry, adhering to the strictest environmental standards.
Fashion Network
4 days ago
- Business
- Fashion Network
Morellato Group, Italy's leading jewelry and watchmaker, closes fiscal year with €723 million revenue and 21.3% EBITDA
Morellato Group, a prominent Italian jewelry and watchmaking company headquartered in Fratte di Santa Giustina in Colle, Padua, concluded its 2024/25 fiscal year (ending February 28, 2025) with positive financial results and improved profitability. The company maintained its leadership position in Italy, reporting revenues of €723 million, a slight decrease from €737 million the previous year, while its EBITDA margin rose to 21.3%. Employing 4,800 people, Morellato Group oversees 22 brands, including Morellato, Bluespirit, Christ, D'Amante, Cleor, Philip Watch, and Sector No Limits. Precious jewelry accounted for 75% of its turnover, e-commerce contributed 20%, and international markets represented 70% of sales. The group's products are available through 7,000 wholesale retailers across 60 countries and 660 directly operated stores, complemented by six proprietary e-commerce platforms. Morellato expanded its retail footprint in the last fiscal year with 19 new store openings. It initiated a store refurbishment program across four European markets, aiming to increase its retail presence in 2025. The company emphasized its commitment to sustainability by producing all precious collections under the Morellato brand using 100% recycled silver. It continues to support the growth of Live Diamond, a brand offering fully sustainable precious jewelry made from 100% recycled gold and lab-grown diamonds and gemstones. The German brand Christ also utilizes only 100% recycled silver in its products. In 2024, Morellato Group signed a significant licensing agreement with the Karl Lagerfeld fashion house to produce and distribute watches and jewelry, bringing the total number of brands it manages, including owned and licensed, to 22. 'I am satisfied with the results achieved in 2024, a particularly challenging year for the market environment and for the group's efforts, which allowed us to increase profitability and gain new market shares,' said Massimo Carraro, president of Morellato Group. 'We accomplished this by consistently implementing our corporate manifesto 'Make It Precious,' which serves as our guiding principle and decision-making framework, always focusing on the customer. This approach has proven effective, and I am even more convinced of the importance of continuing it.' Morellato Group owns 15 brands: Morellato, Sector No Limits, Philip Watch, Lucien Rochat, Live Diamond, Oui&Me, La Petite Story, Chronostar, and FAVS, along with retail brands Bluespirit (specializing in 18-karat gold) and D'Amante (focused on diamond and gemstone jewelry) in Italy, and Christ (operating in Germany and Austria), Brinckmann & Lange, Cleor (based in Paris), and Noélie. The group also holds licenses for seven brands: Karl Lagerfeld, Maserati, Chiara Ferragni, Trussardi, Esprit, Jette, and Guido Maria Kretschmer. A pioneer in the jewelry sector with ESG certification, Morellato began publishing its Sustainability Report in 2022 following international GRI Standards. Since 2023, the group has been certified by the Responsible Jewellery Council (RJC), the leading global organization for defining and monitoring sustainability criteria in the jewelry industry, adhering to the strictest environmental standards.
Fashion Network
4 days ago
- Business
- Fashion Network
Morellato Group, Italy's leading jewelry and watchmaker, closes fiscal year with €723 million revenue and 21.3% EBITDA
Morellato Group, a prominent Italian jewelry and watchmaking company headquartered in Fratte di Santa Giustina in Colle, Padua, concluded its 2024/25 fiscal year (ending February 28, 2025) with positive financial results and improved profitability. The company maintained its leadership position in Italy, reporting revenues of €723 million, a slight decrease from €737 million the previous year, while its EBITDA margin rose to 21.3%. Employing 4,800 people, Morellato Group oversees 22 brands, including Morellato, Bluespirit, Christ, D'Amante, Cleor, Philip Watch, and Sector No Limits. Precious jewelry accounted for 75% of its turnover, e-commerce contributed 20%, and international markets represented 70% of sales. The group's products are available through 7,000 wholesale retailers across 60 countries and 660 directly operated stores, complemented by six proprietary e-commerce platforms. Morellato expanded its retail footprint in the last fiscal year with 19 new store openings. It initiated a store refurbishment program across four European markets, aiming to increase its retail presence in 2025. The company emphasized its commitment to sustainability by producing all precious collections under the Morellato brand using 100% recycled silver. It continues to support the growth of Live Diamond, a brand offering fully sustainable precious jewelry made from 100% recycled gold and lab-grown diamonds and gemstones. The German brand Christ also utilizes only 100% recycled silver in its products. In 2024, Morellato Group signed a significant licensing agreement with the Karl Lagerfeld fashion house to produce and distribute watches and jewelry, bringing the total number of brands it manages, including owned and licensed, to 22. 'I am satisfied with the results achieved in 2024, a particularly challenging year for the market environment and for the group's efforts, which allowed us to increase profitability and gain new market shares,' said Massimo Carraro, president of Morellato Group. 'We accomplished this by consistently implementing our corporate manifesto 'Make It Precious,' which serves as our guiding principle and decision-making framework, always focusing on the customer. This approach has proven effective, and I am even more convinced of the importance of continuing it.' Morellato Group owns 15 brands: Morellato, Sector No Limits, Philip Watch, Lucien Rochat, Live Diamond, Oui&Me, La Petite Story, Chronostar, and FAVS, along with retail brands Bluespirit (specializing in 18-karat gold) and D'Amante (focused on diamond and gemstone jewelry) in Italy, and Christ (operating in Germany and Austria), Brinckmann & Lange, Cleor (based in Paris), and Noélie. The group also holds licenses for seven brands: Karl Lagerfeld, Maserati, Chiara Ferragni, Trussardi, Esprit, Jette, and Guido Maria Kretschmer. A pioneer in the jewelry sector with ESG certification, Morellato began publishing its Sustainability Report in 2022 following international GRI Standards. Since 2023, the group has been certified by the Responsible Jewellery Council (RJC), the leading global organization for defining and monitoring sustainability criteria in the jewelry industry, adhering to the strictest environmental standards.
Telegraph
08-04-2025
- Health
- Telegraph
The £6 brush that tackles cellulite
There are some beauty products that are completely worth splashing out on, but when it comes to cellulite creams, I am mostly unimpressed. (Although there is one I've been testing recently that has shown great promise – more on that later.) Most creams don't work because cellulite is partly the result of an underactive lymphatic system. This is a network of channels that drains waste from the body via lymph fluid and, as explained by Legology founder Kate Shapland, is primarily found in and around areas where you typically have more fat cells. If you're sitting at a desk most of the day, lymph circulation becomes sluggish and this waste can settle between fat cells, which can contribute to the resultant unevenness on the surface of the skin. Pleasingly, one of the most effective ways to get that sluggish lymph moving is available on the high street for just a few pounds in the form of a dry body brush. I have the Botanics version, which is £6.50 from Boots, and does the job well. Botanics dry brush, Boots, £6.50 To use a dry body brush effectively, work in short, sharp strokes from the feet, always in an upwards motion. You can focus on the thighs and the tummy area, which I do, working in firm strokes in a clockwise direction around the abdomen. It should only take a minute or two and is best used on dry skin before you bathe or shower (this has the added benefit of gently exfoliating the skin, too). Another method is using a body tapper, such as the Bamboo Body Tapper by Hayo'u (£45), which is inspired by Chinese medicine. It's a bunch of bamboo sticks held together by a handle, and you tap the bamboo up and down the limbs to encourage circulation. It's invigorating, too, and is a handy remedy for tired or sore muscles. Just tap it gently on the skin, focusing on the thighs if cellulite is your concern, or on any sore muscle points: you only need to do it for a couple of minutes a few times a week. Bamboo Body Tapper, Hayo'u, £45 To really see the benefits of dry body brushing, 'the key is in the frequency', says the physiotherapist and lymphatic drainage specialist Flavia Morellato. Try it four to five times a week and you'll notice a difference by the summer months. If you are able to book in for the occasional professional lymphatic drainage massage, all the better. In Morellato's native Brazil, a weekly lymphatic drainage massage is as popular as a manicure. While a regular deep tissue massage aims to get through the knots in achy shoulders and sore legs, 'lymphatic drainage massage is a lighter massage that focuses on moving and draining waste from the body', she explains. Morellato has opened up a new space in London but her team of physiotherapists can also do home visits – otherwise look at apps such as Secret Spa or Ruuby, which are great for finding local therapists. You'll see an instant benefit with this type of massage if you feel like you carry extra water weight or are generally feeling sluggish. Now on to that cream that seems to have potential. You're probably familiar with retinol and retinal in skin creams (retinal is a more potent form of vitamin A than retinol), and the active ingredient is now also being used more in body care. Murad's Retinal ReSculpt Body Treatment (£79) is packed with an encapsulated retinal, which makes it far less sensitising on the skin. I've tried a few products for cellulite over the years and this is the first that seems to make a difference. Retinal ReSculpt Body Treatment, Murad, £79 The before and after clinical trials by the brand are seriously impressive, not just on the firmness of the skin but also for minimising the look of stretch marks (since retinal works on rapidly increasing cell turnover). I've been testing it out for the past four weeks, focusing on my abdomen area – which is covered in stretch marks after three pregnancies – and my thighs. The skin texture and quality already looks better. I'll keep you posted. Three more skin saviours Sweet Almond Body Oil, £25, Kama Ayurveda Body massage, or abhyanga as it's referred to in Sanskrit, is a core principle of body care in Ayurveda. If you have the extra time before bed, I would pop this bottle in a bowl of very warm water for a few minutes, then massage your limbs with the warmed oil. Heavenly. Exfo-Lite Exfoliating Body Scrub, from £12, Legology If you are looking for body care done well, check out British brand Legology. This is one of its bestsellers. A smoothing, detoxing body scrub designed to be used on the legs, the Himalayan salt blend is brilliant to use once a week. It helps to improve the look of dry skin and contains lemon peel, which is immediately invigorating. Intensive Moisturising Lotion by CeraVe, £15, Boots If dry skin is your main concern, this new intensive moisturiser by American brand CeraVe is an excellent remedy. It's a rich formula of ceramides, hyaluronic acid and urea that powerfully tackles flaky, itchy skin. The best news of all? It doesn't feel remotely greasy or tacky.
