Better than forecasted, the Damiani Group closed its annual financial statements as of 31 March 2025 with consolidated revenues exceeding 380 million euros - an increase of more than 10% compared to the previous year. 2024 proved to be a particularly difficult year for the luxury sector, during which many players, even in leadership positions, recorded negative performances. In such a complex context, the results achieved by the Group take on an even greater significance. The 24/25 financial year also saw significant investments being poured into the retail channel, with numerous openings globally, particularly in the Middle East. In this region, the first boutique was inaugurated in the past few days in Riyadh - Saudi Arabia, marking the Maison’s début in this high-potential market.