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Morellato Group, Italy’s leading jewelry and watchmaker, closes fiscal year with €723 million revenue and 21.3% EBITDA

Translated by Nazia BIBI KEENOO Published May 29, 2025 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…

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Showroomprivé reports 16.5% revenue dip in Q1 2025

By AFP Translated by Nazia BIBI KEENOO Published May 5, 2025 Showroomprivé, one of France’s leading online retailers known for its limited-time flash sales, reported a 16.5% drop in first-quarter revenue for 2025. According to a statement released Wednesday, the company cited ongoing market uncertainty and weakened consumer demand as key factors behind the decline….

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