Valentino Reports Profitability, Sales Growth in 2022

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Valentino Reports Profitability, Sales Growth in 2022
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In the 12 months ended Dec. 31, sales at Valentino reached 1.42 billion euros, climbing 15 percent compared with 1.23 billion euros in 2021. At constant exchange, revenues rose 10 percent.

n Jeddah, at the Al Khayyat Center, followed by Geneva, a new market for the brand.

In Florence, in March, the boutique relocated from Via de’ Tornabuoni in the medieval Palazzo Spini Feroni that houses the headquarters, to Piazza della Signoria, the city’s main square. Valentino will relocate in Shanghai’s Plaza 66 in the summer, while new stores will open in Wuhan at Mix in August; in November in Shenzhen at MixC, and at IFC in Nanjing in December.

Floors are defined by iconic geometric motifs rendered in Botticino and Sahara Noir marbles and elements in onyx and wood contribute to the sense of warmth and discreet luxury. Valentino’s e-commerce internalization program kicked off in early 2022 in Japan, followed by the U.S. and the rest of the world, allowing the company to accelerate its omnichannel integration to exploit new opportunities, achieve more effective planning and local adaptation and boost client interaction in consolidated and new markets.

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