Morellato Group with stable sales

Morellato Group with stable sales

The Italian Morellato Group, which acquired the German Christ Group in February 2023, reports sales of €723 million for the 2024/2025 financial year (ended on February 28, 2025).

This represents a decline of almost two percent compared to the previous financial year, with sales of €737 million.

The company is both a jewelry producer and retailer, with 4,800 employees operating in 60 countries. It distributes 22 brands, both its own and those under license, such as Karl Lagerfeld.

The group's products are available at over 7,000 retailers and in 660 directly operated stores. In addition, the group operates six e-commerce websites. In the past fiscal year alone, the Morellato Group opened 19 new stores. These include the Christ branch in Stuttgart. There are a total of 210 Christ points of sale in Germany and Austria. The Morellato Group generates 70 percent of its sales outside Italy.

Massimo Carraro, President of the Morellato Group, comments on the completed 2024/2025 financial year:

“I am satisfied with the results for 2024, a particularly challenging year for the market environment, and with the Group’s efforts, which enabled us to increase our profitability and gain new market share.

We have achieved this through the consistent implementation of our corporate manifesto, 'Make It Precious,' which serves as our guiding principle and decision-making framework and always puts the customer at the center."