Damiani: Further Progress, Strong Growth Continues in 2025
NQ Score
100/100
AI Summary (NQ-processed)
The Damiani Group achieved strong growth, exceeding 400 million euros in sales, in the fiscal year ending March 31, 2026, outperforming overall market trends. The company enhanced brand recognition by appointing I.N from K-POP boy group Stray Kids as a global ambassador. Furthermore, it expanded its hard luxury portfolio through the acquisition of Baume & Mercier from Richemont and Laboratorio Carraro S.r.l. to strengthen manufacturing technology.
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Frequently Asked Questions
- Q: What was the Damiani Group's revenue for the fiscal year ending March 31, 2026?
- A: It exceeded 400 million euros.
- Q: Which watch brand did the Damiani Group acquire?
- A: They acquired Baume & Mercier from Richemont.