In 2023, the De Rigo Group experienced a remarkable year of growth, highlighting its resilience and adaptability in the ever-evolving eyewear industry. The group’s consolidated turnover soared to €506 million, marking an 11.8% increase compared to the €452.7 million recorded in 2022. This significant growth was particularly notable in the wholesale division, which saw a 16.8% surge in sales.
The markets that contributed most significantly to this growth were Italy, Turkey, Brazil, China, and Spain. These regions demonstrated strong demand and appreciation for De Rigo’s high-quality eyewear products, reinforcing the brand’s global appeal and market strength.
A key driver of this impressive growth was the performance of De Rigo’s high-end brand segment, which accounted for two-thirds of the overall growth in the division. This success underscores the group’s ability to cater to the luxury market, offering products that resonate with consumers’ desires for exclusivity and quality.
In addition to its high-end brands, De Rigo’s proprietary lifestyle brand, Police, played a vital role in the year’s success. Celebrating its 40th anniversary in 2023, Police has expanded beyond eyewear to include fragrances, watches, jewelry, apparel, and small leather goods. This diversification has allowed the brand to reach a broader audience and enhance its market presence.
While the acquisition of the eyewear division from the Rodenstock Group was a strategic move for De Rigo, its contribution to the 2023 results was limited, as the integration occurred in the latter half of the year. Nevertheless, the inclusion of prestigious brands like Porsche Design and Rodenstock in De Rigo’s portfolio is expected to bring additional value and opportunities for growth in the coming years.
At XIAMEN ISUNNY PACKING CO., LTD, we closely monitor these industry trends and achievements to inform our strategies and offerings in the eyewear packaging sector. Understanding the dynamics of successful eyewear brands like De Rigo enables us to tailor our packaging solutions to meet the needs of high-end and diverse product ranges, ensuring that we provide the best service to our clients in the eyewear industry.
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