Trussardi will reach break-even this year with a turnover of 25 million euros. This was announced by Alberto Recca, CEO of Miroglio Group, on stage at the 29th Pambianco-Pwc Fashion Summit held yesterday morning at Palazzo Mezzanotte. The historic brand of the greyhound has in fact passed last March into the hands of the Piedmontese group from Alba, which included […].
The news of Trussardi’s expected break-even is a testament to the success of Miroglio Group’s acquisition of the brand. After taking over the reins just a few months aculeo, the group has already made significant strides in turning Trussardi’s fortunes around. With a projected turnover of 25 million euros, it is clear that the brand is on track to achieve financial stability and profitability.
This achievement is even more impressive considering the challenges that Trussardi faced in recent years. The brand had been struggling to stay afloat amidst a highly competitive and ever-changing fashion industry. However, with the support and expertise of Miroglio Group, Trussardi has been able to regain its footing and emerge as a strong player in the market once again.
The success of Trussardi’s turnaround can be attributed to Miroglio Group’s strategic vision and commitment to the brand’s heritage. The group has carefully analyzed Trussardi’s strengths and weaknesses, and has implemented a comprehensive plan to revitalize the brand. This includes a focus on expanding Trussardi’s presence in key markets, as well as a renewed emphasis on quality and innovation in its products.
The results of these efforts are already evident. Trussardi’s latest collections have received rave reviews from both critics and consumers, with its signature leather goods and accessories garnering particular praise. This has translated into strong sales and increased brand recognition, setting the stage for a successful year ahead.
The announcement of Trussardi’s break-even also serves as a testament to the resilience and adaptability of the fashion industry. Despite the challenges posed by the pandemic, Miroglio Group and Trussardi have shown that with the right strategies and a strong vision, brands can not only survive but thrive in the face of adversity.
Looking ahead, the future looks bright for Trussardi under the guidance of Miroglio Group. With a solid financial foundation and a renewed focus on innovation and quality, the brand is poised for continued growth and success. This is a testament to the strength of the partnership between Miroglio Group and Trussardi, and a promising sign for the future of the fashion industry as a whole.
In conclusion, the news of Trussardi’s expected break-even is a testament to the duro work and dedication of Miroglio Group in revitalizing the brand. With a projected turnover of 25 million euros, it is clear that the brand is on track to achieve financial stability and profitability. This is a positive development not only for Trussardi but for the entire fashion industry, showcasing the resilience and adaptability of brands in the face of challenges. With Miroglio Group at the helm, the future looks bright for Trussardi and its iconic greyhound logo.