Massimo Gismondi Archives

Sales of Gismondi 1754 are still growing

Published on April 20, 2023

Bracciali e anelli indossati della collezione Pace

Gismondi 1754 is the only Italian jewelery company that publishes quarterly results. The Genoese Maison listed on the Euronext Growth Milan list also for the first quarter of 2023 has voluntarily disclosed its consolidated management accounts, broken down by geographical area and type of sales channel.
As at 31 March 2023, Gismondi 1754 recorded revenues from total sales of 4.1 million euros, an increase of 18% compared to 3.5 million in the first quarter of 2022, with a positive change of 623,000 euros compared to the same period of the ‘last year. Growth was mainly driven by the European Wholesale channel which, as at 31 March 2023, recorded total sales of €1.7 million, up 108% compared to the first quarter of 2022.

Orecchini di alta gioielleria di Gismondi 1754

Good growth also for the Special Sales segment, the made-to-measure Gismondi 1754, which went from 939,286 euros in the first quarter of 2022 to 1,211,698 euros in the first quarter of 2023, with an increase of 29%. The incidence on the turnover of the European area remains predominant, with 53% of sales, with a strengthening in particular of the Italian market, which represents 44% of revenues. and just in March Gismondi 1754 signed a distribution agreement with Restivo Gioielli, an important Italian dealer of jewelery and watches, for the Restivo sales points in Catania, Taormina and Naples, with which it takes a further step forward in the expansion strategy and consolidation of the brand in our country. The incidence of the US market also increased, to 29% of total revenues. The company also established the Gismondi 1754 USA branch and appointed Giovanni Mattera Vairo as managing director for the operation in North America, South America and Canada.

Anello Clip Sintesi in oro rosa e diamante — Anello Clip Sintesi in oro rosa e diamanti

The first three months of 2023 confirm the validity of the strategy already set in 2022 and strengthened with the commercial agreements of early 2023 and the launch of a growth policy also for acquisitions. Thanks to the recent acquisition of the Vendorafa brand, the opening of Middle Eastern channels, plus the strengthening of the American market, we still have a lot of potential to express and from which to obtain satisfaction also in the months to come. For us, this constant growth also represents the result of the appreciation we receive from our customers who recognize the quality and uniqueness of our jewels all over the world.
Massimo Gismondi, CEO of Gismondi 1754

Gismondi 1754 USA calls Giovanni Mattera Vairo

Published on March 15, 2023

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Anello in oro rosa e diamanti della collezione Vela

A manager arrives for Gismondi 1754 USA, a branch of the Genoese jewelery company listed on the Euronext Growth Milan list. The American branch, based in New York, established for the marketing of Gismondi 1754 jewels in the United States, Latin America and Canada, will be led by Giovanni Mattera Vairo as managing director. The manager previously held the position of Sales and Marketing director of Versace and president of De Grisogono USA, and therefore has recognized experience in the luxury sector. Mattera Vairo will report directly to the commercial management led by Francesca Ventura.

Gismondi 1754 jewels, thanks to consolidated agreements with the department stores of Saks Fifth Avenue, Neiman Marcus and other independent jewelers, are present in the USA and the Caribbean in seventeen locations. Giovanni Mattera Vairo will also aim to increase business with private customers, to whom Gismondi 1754 already caters with the offer of one-of-a-kind made-to-order pieces.

The establishment of Gismondi 1754 USA and the appointment of a high-profile and experienced manager like Giovanni Mattera bring our company closer to American customers, confirming the importance we attribute to the overseas market which is a strategic growth driver for us. I am convinced that Giovanni will enrich our American team with his arrival and will confirm the reliability of the Gismondi 1754 brand, making our team even more performing commercially.
Massimo Gismondi, CEO of Gismondi 1754

Massimo Gismondi. Copyright: gioiellis.com

Roaring trade for Gismondi 1754

Published on February 14, 2023

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The new year seems to have started off in the right way for Gismondi 1754, a Genoese jewelery company listed on the Euronext Growth stock market. After the signing of the franchise agreement with the Al Mana family and the establishment of Gismondi Jewelery Qatar, last December, the first purchase of stock for this new franchise took place, which joins other sales in the wholesale channel concluded during the recent Vicenzaoro . In January Gismondi 1754, therefore, recorded orders for a total value of over 2 million euros. The new orders favor expansion to the Middle East area (since the signed franchise agreement also includes Bahrain, Kuwait, Saudi Arabia, Oman and the United Arab Emirates and represents a turning point for expansion in the Middle East area Gulf), and increase the presence of the Italian company in the European wholesale channel, with the acquisition of new dealers (two in Germany, three in Italy), which will join the European and Italian ones already opened in 2022.

Orecchini in oro rosa della collezione Vela di Gismondi 1754 — Orecchini in oro rosa della collezione Vela

We are very satisfied with the results of January and of Vicenzaoro which, year after year since the beginning of our participation, always reserves special attention for our jewels from European and Middle Eastern dealers, most represented at this fair. The launch of Gismondi Jewelery Qatar undoubtedly gave an important momentum to orders in the Middle East, just as we note the ever-increasing interest from Italy and Germany, the most strategic European markets for us and in a further stage of development.
Massimo Gismondi, CEO of Gismondi 1754

The company believes that the trend confirms the growth plan both in terms of turnover per channel and in terms of a global presence in the various markets. In terms of product, approval has been confirmed for the Gismondi 1754 collections, including the new Vela and the one-of-a-kind Marea, presented at Vicenzaoro, where some orders also included so-called boutique pieces, unique precious very high commercial volume, which are usually purchased directly by private customers in the brand’s flagship stores.

La collana Raggio di Sole di Gismondi 1754

Luxury goes sailing with Gismondi 1754

Published on January 24, 2023

Showroom

The historic Maison Gismondi 1754 is based in Genoa, a seafaring city. Massimo Gismondi, CEO and mind of the company, loves the sea. Two aspects that present the new collection of the Italian brand, shown at Vicenzaoro, which is called Vela. As with boats driven by the wind, the Vela collection also has two characteristics: it is practical, easy to wear and to combine, but it is also elegant. The style and volumes of the jewels are inspired by the individual elements that characterize sailboats, such as the snap hook closure, but also by the curves of ropes and cords used to equip the boats. The Vela collection maintains the style of Gismondi 1754, with surfaces in rose gold and diamonds, and consists of bracelets, rings, earrings and necklaces.

Orecchini in oro rosa e diamanti della collezione Vela

The sea has always been my source of inspiration. I was born there and for me it is essential to look at it every time I can also experience it actively. An outing on a sailing boat, with an eye to infinity is also an opportunity to reflect on the little things.
Massimo Gismondi, CEO of Gismondi 1754

Gismondi 1754 in Qatar to expand into the Gulf

Published on January 17, 2023

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Massimo Gismondi a Vicenzaoro. Copyright: gioiellis.com

Gismondi 1754 arrives in Qatar: the Genoese high jewelery Maison has signed a five-year franchise agreement (with an option to renew between the parties upon expiry) with the Al Mana family for the distribution of the Italian brand’s jewelery in the Gulf Cooperation Council area , which includes Qatar, Bahrain, Kuwait, Saudi Arabia, Oman and the United Arab Emirates. The agreement is summarized in the creation of a commercial company, Gismondi Jewelery Qatar, whose focus is on business development for both the retail and wholesale channels.

Orecchino con smeraldi della collezione Genesi by Gismondi 1754

Not only that: the program includes new openings, with Gismondi 1754 brand shops throughout the area. The first scheduled opening is already on the agenda for next June in Doha, the capital of Qatar. Subsequently, in chronological order, the openings will follow in Riyadh and Jeddah in Saudi Arabia, and then those in Kuwait, Oman and the United Arab Emirates.
The Al Mana family links its history to the world of Qatari entrepreneurship with the Al Mana Group, a company founded in the 1950s and today one of the most important companies in the country, with interests in multiple sectors, including luxury goods. It is therefore an agreement with great added value for Gismondi 1754, which will have the opportunity to expand its presence and the sale of its jewels in the Gulf area more quickly and effectively.

We are very honored to have reached this agreement with the Al Mana family, whom we thank for making our collaboration possible, which is particularly strategic for our brand. Qatar, as well as the Arab countries of the Gulf, have already shown for some years that they greatly appreciate our jewels and opening a franchise channel directly in that area will only favor the development of a well-structured retail and wholesale market that will give great satisfaction . 2023 will be an important year for the international development of Gismondi 1754, not only towards the Arab countries, but also in the USA and in Europe, including Italy. Europe and Italy, in particular, are relatively new markets for us, but where we are increasing openings given the excellent results achieved in 2022 and where we are confident of significant growth.
Massimo Gismondi, CEO of Gismondi 1754

Gismondi 1754 between the USA and the Middle East

Published on December 6, 2022

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Gismondi 1754, la collana della collezione Essenza indossata

Gismondi 1754, historic Genoese jewelery company listed on the Growth list of Borsa Italiana, focuses on the Middle East. The Maison has announced a sale in the wholesale channel, for 330,000 euros for a new distributor in Israel, a country where Gismondi 1754 wants to grow in the near future. The Middle East is, in fact, an increasingly strategic and attractive market for the market of high-end precious jewels, which is why Gismondi 1754 has once again this year decided to participate in the Jewelery Salon 2022 in Riyadh (Saudi Arabia) with its collections and some limited edition pieces.

Bracciale della collezione Genesi di Gismondi 1754

Unlike the Doha fair, which is clearly aimed at the Qatari retail target, the company reasons, the Jewelery Salon in Riyadh is aimed at a wider and also international retail audience, with high-profile personalities from all over the Middle-East. «The event aims to reinvent the landscape of the Saudi jewelry industry, uniting the most famous international and domestic designers in a single appointment, making it among the most exclusive jewelry exhibitions in the Middle East and North Africa, with a timeless appeal and an aura of magnificence unlike any other.’

The sales concluded in the last week are very important and are part of the double-digit growth trend already represented in the first 9 months of 2022. We are about to participate in one of the most important fairs in the Middle East with great promises because the entire area it represents one of the stages where Gismondi 1754 must be present as it is one of the arenas where the top-of-the-range game is played.
Massimo Gismondi, CEO of Gismondi 1754

Massimo Gismondi premiato ai Couture Design Awards

In addition to the Middle East, the company announced sales of €880,000 in the United States with a gold and diamond necklace valued at €680,000 and a diamond set valued at €200,000.

Collana della collezione Prato Fiorito, Gismondi 1754. Diamanti, zaffiri e smeraldi

Gismondi 1754, beauty is Peace

Published on September 23, 2022

Showroom

Gioielli della collezione Pace indossati

Can a jewelry collection be beautiful and right? Can. That of Gismondi 1754 is an exception, which makes it even more acceptable. Of course, jewels are not manifestos of philosophy. But there are times when a jewel can say much more than it represents its aesthetics. This is the case of the Pace (peace) collection of the Genoese Maison. The name of the collection, in this historical period, is a breath of freshness and also of awareness. There is a need for jewels and there is a need for peace. Massimo Gismondi, soul of the recently awarded Couture company, wanted to give an important sign to the wearer by identifying a collection entirely dedicated to the energy of Peace. And peace is universally represented by the rainbow of colors. An aspect that makes the collection lively and brilliant, as well as ethically acceptable.

Love has no boundaries it is true but it can only excel with Peace. With the colors of the most significant flag in the world, I wanted to counter this difficult moment and make the colors of the most famous stones as spokespersons for a colorful future and to give a sign of great attention to a feeling that involves us in this period, making us all feel close and united wearing the same message.
Massimo Gismondi

Massimo Gismondi. Copyright: gioiellis.com

The Maison explains that sapphire, ruby and aquamarine gemstones are held in position close to each other and mounted in white or rose gold respecting the Gismondi 1754 canons, with the metal remaining almost invisible and used only to hold the stones in place. without emerging. The stones are all emerald cut, of high quality, calibrated by the most accredited companies in the world. The jewelry design is a classic: rings, earrings and bracelets made in many different colors with sapphires, rubies and aquamarine. Each jewel is presented in one color and can be combined with all the Gismondi 1754 collections.

Vicenzaoro closes at + 10%

Published on September 13, 2022

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Visite a Vicenzaoro September 2022. Copyright: gioiellis.com

Everyone happily ever after in Vicenzaoro. Certainly the organizers, that is Italian Exhibition Group, are. And, probably, many exhibitors too, if you consider the numbers. The September edition of the jewelery fair surpassed the pre-covid results: visitors were 10% more than in 2019, with an increase in arrivals from abroad of 20%. Business is likely to have risen as a result. In the final press release at the end of the fair, Ieg released figures that, perhaps, may regret the companies that have decided not to participate. Here are the data, rather comforting for the sector, given that Vicenzaoro is a B2B event, that is, accessible only to operators (and journalists), and the positive comments of the representatives of some of the brands present.

The foreign presence has been excellent for us, both from overseas and from Europe, for potential and new dealers, with quality visits in line with our positioning and with what we are looking for. We also found interest and propensity for the future, all positive notes.
Visite a Vicenzaoro September 2022. Copyright: gioiellis.com

Massimo Gismondi, CEO of Gismondi 1754

Over half of the total presences (51%) came from across borders, from 124 different countries. Total media contacts, including those of gioiellis.com, reached 92 million gross, of which 29 million from the foreign press. The views by professional operators of exhibitor profiles on The Jewelery Golden Cloud B2B platform exceeded 125,000. In detail, visitors and buyers came mainly from Spain (7.3%), France (5.5%) and Germany (5.1%). Among non-European countries, the United States (5.7%, Turkey (3.3%), Israel (2.5%) and UAE (2.3%) are in first place. But there was no lack of contributions from India (1, 9%), Mexico, Colombia (both 1%) and Brazil (0.7%).

Visitatori a Vicenzaoro September 2022. Copyright: gioiellis.com

For Fabergé Vicenzaoro, September 2022 was a very successful event in terms of commercial, visitor and press terms, despite a complicated period from a socio-economic and political point of view. We are extremely satisfied, because we have met many of our partners and developed new contacts and relationships from all over the world, in an edition that was the stage for us to exhibit our object d’art dedicated to Game of Thrones, a unique piece in the world presented at Vicenzaoro for the first time in Europe.
Nico Clary, head of wholesale at Fabergé

Nico Clary, head of wholesale Fabergé. Copyright: gioiellis.com

Vicenzaoro September 2022. Copyright: gioiellis.com

Six months very good for Gismondi 1754

Published on July 21, 2022

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Best in Diamonds above $ 20.000: Gismondi 1754

The second quarter of the year was also favorable for Gismondi 1754, a company listed on the Euronext Growth Milan (formerly Aim) list which voluntarily reports its financial results on a quarterly basis. Result: in the second quarter of 2022, Gismondi 1754 reported a considerable increase in revenues. Sales were 3.5 million euros, up 39% compared to the second quarter of 2021. This figure brings the overall consolidated result for the first half of 2022 to over 7 million euros, with a growth of 79.8 % compared to the corresponding period 2021.

Specifically, the Genoese jewelery company credits the growth in the second quarter of 2022 mainly to sales in the wholesale channel, both at European level (+ 94%), in the USA (+ 85%) and in the Middle East (+ 100%). The results of the shop in St. Moritz were also positive, with 407 thousand euros in sales, and that shop in Portofino, with sales up to almost 200 thousand euros. Despite a slight decline in the second quarter, special sales nevertheless showed growth in the first half of 2022 equal to + 19% and remain a strategic channel for the company.

Orecchini in oro e rosa diamanti Clip Sintesi

We are extremely satisfied with the Company’s performance. Even in the first half of the year, the numbers show that the direction we have taken is consistent with our development plan. Despite the period of great economic and political instability, we were able to once again improve the sales figure by almost 80% compared to the half year of a year ago. Our jewels are increasingly appreciated and this was also testified by the recent prestigious awards obtained at The Couture in Las Vegas last month. The second half has already started very well, both for the wholesale channel and for the retail channel, and we can see this not only from the numbers, but also from the continuous demand and attention that our brand has on a global level.
Massimo Gismondi, CEO of Gismondi 1754

Gismondi on showcase with Saks Fifth Avenue

Published on April 5, 2022

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Gismondi 1754 announces that it has concluded an agreement with Saks Fifth Avenue for the resale of jewels from the collections within the most important luxury department store in the United States, with 45 stores in the US. The commercial contract signed is of the open type (with no expiry date) and foresees that starting from May the Gismondi 1754 jewels will be sold at the five department stores in Beverly Hills, Huston, Miami, Palm Beach and Naples. From November 2022, the Genoese brand will also be present in the main location of Saks Fifth Avenue in New York.

Anello in oro bianco, diamanti e zaffiro blu

The commercial development of the brand continues, which has garnered great interest during VicenzaOro. The beginning of a new collaboration with the oldest and most prestigious American chain of exclusive department stores is a source of great enthusiasm for us because, in fact, it makes us present in the two most important temples of overseas luxury: Neiman Marcus and today also Saks Fifth Avenue. After the brilliant results of 2021 just approved and the excellent start of 2022, the moment continues to be extremely positive and the Vicenza fair has shown us the constant growth in the appreciation of our collections among the Italian and international public.
Massimo Gismondi, Ceodi Gismondi 1754

This is a significant agreement in terms of commercial importance and prestige, which further consolidates the presence of Gismondi 1754 in the United States, where it is already active with the other well-known luxury chain, Neiman Marcus, in the cities of Garden City, Austin, Charlotte, San Antonio and Honolulu. The Genoese company also recorded very positive feedback at VicenzaOro, where it collected orders for over 512,000 euros from distributors and customers from Italy, Great Britain and Europe in particular.

Golden year for Gismondi 1754

Published on April 2, 2022

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A year to frame that of Gismondi 1754, a Genoese jewelery company listed on the Euronext Growth Milan market of the Italian Stock Exchange. The company recorded a double-digit trend in 2021, as can be seen from the 2021 financial statements (drawn up in accordance with the IFRS international accounting standards, that is, respecting international accounting rules). One figure summarizes the meaning of an out of the ordinary year: the value of production was 9.96 million euros, up 47% compared to the 6.79 million of the previous year, even if 2020 was a year conditioned by the pandemic.

Alta gioielleria Gismondi 1754, collana in oro rosa e diamanti bianchi e fancy

We close the year with strong growth and with great enthusiasm we are projecting ourselves towards the objectives that will see us as protagonists in the coming months. We are facing extraordinary results, despite the fact that the context, between Covid and the international situation, was not the easiest to deal with. We are aware of the global difficulties and will continue to work with great attention, but we are equally convinced of the affirmation of the brand globally. All sales channels have performed and contributed positively to the achievement of these data and we cultivate a rational optimism that 2022 can also be characterized by growth and expansion in strategic markets where we are already present.
Massimo Gismondi, CEO of Gismondi 1754

The result was driven by the growth of the Wholesale channel, both at European level (+1.9 million euros compared to 2020) and in the United States (+1 million compared to 2020), but also by special sales, the “tailor-made” of the brand, which close 2021 up by 16%, with sales of almost 4 million. The only channel showing a slight decline was the Wholesale channel in the Middle East, waiting for new orders to restart at full capacity.

Collan ain oro rosa e zaffiro rosa Clip Mia

The financial statements include a consolidated Ebitda at 31 December 2021 growing to almost 1 million euro (+ 39%), stable at 10% due to huge investments in advertising, marketing and communication, for which the relative returns are expected in 2022. L ‘last line of the income statement shows a consolidated net profit of 351,280 euros, compared to 223,252 euros in 2020.

At the balance sheet level, the consolidated net is 9.21 million, an increase compared to the 8.87 of the previous year. The company, the note specifies, enjoys an excellent financial equilibrium since its own sources are five times what the fixed capital is, just as the consolidated sources are four times what the fixed capital is.

Collezione Dedalo, bracciale in oro rosa, diamanti e ceramica bianca

Gismondi 1754 also adds a sore point, which concerns the difficult management forecast for 2022, marked by the substantial closure of the Russian market. Situation “made extremely difficult by the exceptional nature of the events that characterize the current context, of which the Russian-Ukrainian conflict represents a new strong element of instability at the geopolitical, economic and financial markets”. Despite this, “the excellent performance of the months of January, February and March, with strong growth compared to the first quarter of 2021, bodes well for the 2022 trend”. The company also envisages “the continuation of the expansion policy in the various channels, with particular attention to the American market, which is in great expansion, to that of the United Kingdom and to the Gulf area, which has already given the first flattering results already in 2021 and in the first quarter of 2022. The opening of the new directly managed shop in Rome, inside the Regina Baglioni Hotel in Via Veneto, is also expected, following the framework agreement with the well-known hotel chain. Also with Baglioni, the opening of a new directly managed store in Milan is planned “.

Orecchini in oro rosa, smeraldi e zaffiri rosa

Clip Mia and Sintesi for the springtime by Gismondi 1754

Published on March 23, 2022

COLLANE/bracciale/Showroom/Rings

Variations on the Clip theme. Spring music for Gismondi 1754 plays new notes that start from the music of the Clip collection, presented last fall. The variations are called Clip Mia and Clip Sintesi, and they made their debut at Vicenzaoro. As variations, they retain Clip’s inspirational themes, but with a more immediate and simple interpretation. And also with the possibility of a more informal use. The Clip collection, in fact, includes jewels with a high rate of value and formality. Mia and Sintesi represent a precious but easier version: a lightening, defined by the Genoese Maison.

The two new lines use, in any case, jewels in white or pink gold, with diamonds and precious stones such as emeralds, pink and blue sapphires. Clip Mia is proposed as a young and dynamic collection, which reflects a contemporary lifestyle. Clip Sintesi, on the other hand, was born from the aesthetic research of Massimo Gismondi, with the aim of finding a form code capable of summarizing the original inspiration, the simple office clip. A deconstruction that keeps only the essential elements, reaching the minimalism of the form and the purity of the sign.

Bracciale in oro bianco e zaffiri Clip Mia

2021 was a golden year for Gismondi 1754

Published on January 22, 2022

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It was a decidedly positive year for Gismondi 1754, a Genoese jewelery company listed on the Euronext Growth (formerly Aim) list of the Italian Stock Exchange. The company, with unprecedented transparency for the sector (and not only), has voluntarily disclosed the consolidated management results of sales for the fourth quarter of 2021 (data not subject to audit), divided by geographical area and type of channel of sale.

In the fourth quarter of 2021, therefore, Gismondi 1754 reported a total consolidated management turnover of € 3,996,320, an increase of 28.51%, compared to € 3,109,850 in the fourth quarter of 2020. The growth in sales in the fourth quarter ( +595,777) mainly contributed by the Wholesale Europe (+ 135%) and USA (+ 186%) channels. Furthermore, the performance of the shop in St. Moritz (+ 1496%) is of particular importance, which mitigates the difficulties of the shops in Portofino and Genoa, which are affected in this phase by the typical seasonality of the locations, as well as Milan, which also paid the forced closures of the mall in which it is inserted.

We are facing extraordinary results, which certify the growth of the Group and the brand regardless of the difficult economic period. We touch almost + 50% growth year on year and we see how all the sales channels have performed and contributed positively to the achievement of these figures, a sign of the excellent work done in all segments and the recognition by customers of the quality and the care we put into the creation of each of our jewels.
Massimo Gismondi, CEO of Gismondi 1754

The results of Q4 make up an overall picture for the entire year 2021 which has shown a constant growth trend. The company closed the 12 months of 2021 with revenues of € 9,745,606 (+ 48%) compared to € 6,578,030 in 2020.

Analyzing the data by sales channels over the 12 months, the growth in 2021 was driven by the European Wholesale channel (+1.957.203 euros compared to 2020) and by the US Wholesale (+1.002.769 euros compared to 2020). The only channel in slight decline is the Middle East, waiting for new orders to restart at full capacity. As for the special sales (the made-to-measure signed by Gismondi 1754), the year 2021 closed with a growth of + 16%, with sales of 3,952,188 euros.

A result further enhanced in the last week of the year, where special sales for over 1 million euros were achieved, also thanks to the e-commerce channel (see press release dated 11 January). Analyzing the revenues by geographic area, as at 31 December 2021 the percentage of turnover in the Italy area grows in percentage terms, which in Q4 represents 26% of revenues compared to 16% in the same period of 2020. Europe, overall, is worth approximately 53% of the turnover of Gismondi 1754, while the incidence of other countries is stable, including Russia (5%) and others (13%).

Gismondi boom growth 1754

Published on October 15, 2021

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Alta gioielleria Gismondi 1754, orecchini in oro rosa e diamanti bianchi e fancy

After the annus horribilis 2020, the world of jewelry in 2021 takes revenge. This is testified by the results of Gismondi 1754, a historic company that is listed on the Aim list of the Italian Stock Exchange. The company produces high-end jewelry and also stands out because it voluntarily discloses the consolidated management results of sales. In the third quarter of 2021, Gismondi 1754 reported consolidated operating revenues of 1.8 million euros, up 63% compared to the corresponding period for 2020. Again comparing the quarterly figures relating to revenues, sales in the period 2021 compared to payment in 2019 (pre-covid), the growth in sales is 816,477 euros (+ 80%), thanks to the strong boost given by the European wholesale channel (+ 1471%), special sales (+ 238%) and the Genoa store (+ 389%). with double-digit growth also of the Portofino store (+ 78%), of the US wholesale (+ 64%), and of the Prague franchising (+ 94%).

Bracciale in oro bianco, diamanti e zaffiro blu by Gismondi 1754

The Genoese group closed the first nine months of 2021 with revenues of € 5.7 million (+ 66% compared to the first nine months of 2020) and even with a jump of 77% compared to 2019, in which revenues were attested to 3.2 million euros The growth in the third quarter of 2021 was driven by the European wholesale channel (+361,418 euros compared to 2020), which offsets the negative results of the US and Middle East wholesale, which have yet to restart at full capacity with new orders. The results of the retail channel vary according to the seasonality of the locations, so the result of the Portofino store is highlighted, which closes with + 247% sales (equal to 206,976 euros), in spite of Milan and S. Moritz who give the best results in the autumn winter season. The Prague franchising performance was substantially stable (sales of € 126,265), in line with sales in Q3 2020.

These are truly extraordinary results, which testify to the success of the brand, which is growing quarter by quarter and improving the sales figure for the first nine months of 2019 pre-pandemic by over 2 million. We enter the autumn and winter season which tends to be the one where the propensity to buy increases and which will give further impetus to both retail and wholesale sales, where we will also begin at full speed the sale of the new Clip collection which is opening us more and more to a clientele. young and medium-high range. The last quarter of 2021 will lead us towards the end of the year with great positivity and ambition, in the wake of the growth results achieved so far.
Massimo Gismondi, CEO of Gismondi 1754

As for the special sales, contrary to what happened in the past they are represented by collection objects and not by taylor-made products, all for a total value of 750 thousand euros: an important confirmation of the work and investments made in Fairs and mainly in Las Vegas (the place where the conditions for this sale were generated). Analyzing revenues by geographic area, as at 30 September 2021 the percentage of turnover in the Italy area increased, which currently represents 31% of revenues compared to 14% in the same period of 2020. Europe, overall, is worth approximately 54 % of the turnover of Gismondi 1754. Stable the incidence of other countries between Russia (2%) and other countries (13%).

Precious Las Vegas for Gismondi 1754

Published on September 17, 2021

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Orders and sales, both in wholesales and special sales, for 1 million euros. The trip in August of Gismondi 1754, a historic Genoese company that produces high-end jewels, to the Couture in Las Vegas was profitable. Specifically, the Maison has announced that it has collected wholesales orders for 250 thousand euros, which correspond to different types of jewels, already put into production and which will be delivered and invoiced in the next 30 days. To these sales is added the special sales of a single ring for a value of 750 thousand euros concluded with a private customer.

These results confirm the great attractiveness of our jewels, appreciated across the board on every type of target, thanks to a variety of collections that meet the satisfaction of an increasing clientele. The Couture enhanced our international brand awareness, as well as our economic growth in the wake of the results of the second quarter, where we recorded revenues of € 2.50 million for an increase of + 55%. We are very confident that we will be able to continue successfully in the second half of the year.
Massimo Gismondi, CEO of Gismondi 1754

In addition, during the Couture, the US chain of large-scale distribution in the luxury sector Neimann Marcus has placed the third order of Gismondi 1754 jewels since the beginning of the year, confirming his interest in the Genoese brand. Furthermore, at the Couture in Las Vegas, the most prestigious exhibition in the world dedicated to the world of Peoples’s choice and Haute Couture Editor’s choice categories, thanks to a necklace in white gold, diamonds and emeralds from the Essenza di Noi collection.

Gismondi 1754 launches Clip, jewels to join

Published on September 14, 2021

Rings/bracciale/Showroom/COLLANE

“A paperclip embodies a simple concept, that of a union that preserves individuality,” says Massimo Gismondi, mind and soul of the Genoese jewelry maison of the same name, while describing the new Clip collection. Gismondi 1754, which, as its name suggests, has a long tradition behind it, but is not devoted to the simple replication of tradition. The company, on the other hand, prefers innovation and dynamism and not only for the creation of its jewels, but also in business management, as evidenced by the listing on the Aim list of the Italian Stock Exchange.

The Clip collection, which elaborates the shape of the paper clip, includes both aspects of the Maison: work and innovation, which go hand in hand with the creativity applied to jewelery. Keeping different elements together, the task of a clip, is transformed into bracelets, rings, necklaces and earrings. The jewels are made of pink or white gold, enriched with diamonds and precious stones, such as pink and blue sapphires.

The collection also includes two pieces of high jewelery: a necklace and a pair of earrings with a cascade of white and fancy brilliant-cut and pear-cut diamonds. Moreover, as is now in the trend of jewelry, the collection is also declined in a bracelet and ring in black gold with white diamonds, dedicated to the male world.

Gismondi 1754 to the conquest of Great Britain

Published on June 23, 2021

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From Genoa to London: Gismondi 1754, a Genoese brand that has been producing high-end jewelry for seven generations, signs an exclusive distribution contract with the English company Ermelinda, with the aim of expanding its business in the United Kingdom. The agreement commits Ermelinda, who has many years of experience in the jewelry marketing sector with particular reference to the UK market, to operate as the exclusive distributor of Gismondi 1754, both for the wholesale channel and for special sales.
The agreement comes after years of collaborations with renowned luxury brands and by virtue of a deeply rooted positioning among the so-called high net individuals (i.e. the super rich) of the United Kingdom, in particular from the Middle East.

The international development of our brand marks a very important stage. The United Kingdom is a market that we had already approached directly a few years ago and which has high potential. Entering with an agent who is very well established in the area and strongly motivated towards our brand is a reason for pride and we are very optimistic that we can achieve the objectives set. This agreement also represents a new way of interpreting the business by enhancing the role of the agent, who can become a partner of Gismondi 1754 by marrying its philosophy and economic targets. A model that we could think of replicating also for future international collaborations.
Massimo Gismondi, CEO of Gismondi 1754

Collana con diamanti e smeraldi di Gismondi 1754

The agreement has an initial duration of 24 months and requires Gismondi 1754 to supply Ermelind with a quantity of jewels for viewing, so that he can promote and resell them in the best possible way in the area. Ermelinda, for its part, is committed to reaching a turnover target of 1.3 million euros within two years, under penalty of automatic termination of the agreement for the following years.
If Ermelinda invoices an amount equal to or greater than 1.3 million euros in the first two years and has prepared an industrial plan for the following five shared and deemed satisfactory by Gismondi 1754, the agreement establishes that the parties will continue the collaboration through the establishment of a newco within 90 days, the majority of which will be held by Gismondi 1754. The newco will have as its object the development of the Genoese brand in the United Kingdom.

Gismondi jewelry in Baglioni hotels

Published on May 26, 2021

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The jewels by Gismondi 1754, a historic Genoese brand, now will be purchased at the hotel. In fact, the company has signed an agreement with Baglioni Hotels & Resorts, an Italian luxury hospitality brand owned by the Polito family, which manages prestigious hotels and resorts worldwide, located in historic buildings in the main Italian and European cities of art. and in exclusive tourist locations. The partnership provides for Gismondi 1754 to play, in various forms, the role of in house jeweler in all the locations of Baglioni Hotels & Resorts, starting with the opening of a Gismondi 1754 store inside the Baglioni Resort Sardinia in San Teodoro.

Furthermore, from next January, the jewelry brand will open an additional shop in the Baglioni Hotel Regina in via Veneto, Rome, while shop windows or shops will be progressively inserted in the other locations including the Baglioni Hotel Luna Venezia, Baglioni Resort Maldives, Baglioni Relais Santa Croce in Florence, for a total of eight locations around the world. The collections of the Genoese brand will also be hosted in the windows of the future Baglioni Hotels & Resorts structures that will open in Milan, New York and Paris.

I immediately understood that the Polito family shared values common to mine and, like me, felt the urge to transfer a familiar and strongly Italian touch to their customers. I met interlocutors with a vision very close to my way of conceiving with beauty and customer care. I am sure that this partnership, in addition to allowing us to be present in many prestigious locations, will allow our united companies to affirm the great value of being Italian, through our mastery in craftsmanship, hospitality and taste. I have always thought that a holiday, like a jewel, is the realization of a dream, a long-desired dream, which is why together with Baglioni Hotels we intend to constantly strive to offer unforgettable experiences and a unique, tailor-made lifestyle. attentive to the smallest details, as is done in the creation of a jewel, passion, rigor and a lot of emotion.
Massimo Gismondi, CEO of Gismondi 1754

The partnership between Gismondi 1754 and Baglioni Hotels & Resorts also includes co-branding projects: each structure of the renowned chain will host some exclusive jewels, available only in that specific location in Baglioni. In the collaboration between the two brands, the home page of the Baglioni Hotels & Resorts and Gismondi 1754 institutional website will also include reciprocal links to partner sites with, within both web platforms, explanatory texts regarding the ‘agreement stipulated between the parties.

I am very proud of the agreement with Gismondi 1754, which has always represented the highest expression of luxury jewelry. For this reason, we are particularly happy to be able to host their exclusive and timeless creations in our facilities. The partnership with the Gismondi family is based on shared values such as Made in Italy creativity, discreet and personalized luxury and the constant pursuit of excellence in their respective sectors. We both want to offer our customers unique moments, in the name of a service with attention to every detail and built “to measure”.
Guido Polito, CEO of Baglioni Hotels & Resorts

Gismondi 1754 lands in the former USSR countries

Published on December 4, 2020

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From Genoa to the great Russia or, better, to the states that make up the former Soviet Union galaxy. That is Armenia, Azerbaijan, Belarus, Ukraine, Kazakhstan, Kyrgyzstan, Moldova, Tajikistan, Uzbekistan, Turkmenistan, countries that are part of the Csi (Commonwealth of Independent States) and which are now the subject of an agreement of Gismondi 1754. It is a contract agency to extend its presence in the countries of the Russian Federation and the Commonwealth of Independent States, to which is added an agreement for distribution in Russia with RossoRelativo Russia, an import-export technical distribution company for the country’s market.

Gismondi 1754 has already been present for two years in Russia at the Monza multibrand store in St. Petersburg, by virtue of the concession with Gold Union, which will be part of the global expansion plan of the brand in Russian territory. Having signed these two new contracts also brings with it a strong symbolic value, as well as commercial, because it testifies to the strong redemption achieved by the Gismondi 1754 Brand even within a very large territory such as the one covered by the agreements.

Collezione Dedalo, pendente in oro rosa, diamanti e ceramica bianca

We have entrusted our brand to a highly experienced agent who has always been involved in promoting great brands in the Russian market. I am convinced that we will have a fast and solid expansion in this very large area, creating a network of dealers able to bring our product and our tailor made services closer to customers, as happened in other prestigious locations such as St. Moritz, Portofino and Milan, where the attraction towards the concept of classic and contemporary jewelery by Gismondi 1754 was immediately successful. I would like to underline that in 2020, despite the slowdowns and difficulties related to the pandemic, the Company has already signed expansion agreements and contracts in Italy, in the Gulf area and now in Eastern Europe, as well as opening dealers in Italy, Montecarlo , Oman, Qatar and Dubai. All this to symbolize the great commitment made to allow Gismondi 1754 to perform at its best despite all adversities; It has been a year full of commitments and energy that bodes well for the future of the Brand.
Massimo Gismondi, CEO of Gismondi 1754

For Gismondi 1754 nine months of growth

Published on October 16, 2020

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The covid did not infect the business of Gismondi 1754, a Genoese jewelery company listed on the Italian Stock Exchange on the Aim list. The data relating to the first nine months, in fact, indicate results in contrast with the trends in the sector. As at 30 September, Gismondi 1754 shows, in fact, a growing turnover, consolidating its brand on the market. Consolidated revenues in the first nine months amounted to € 3.4 million, up + 7%, compared to the 3.2 recorded in the corresponding period in 2019. The third quarter of 2020, in particular, grew by 9% compared to to the third quarter of 2019. A result that the company attributes to the wholesales channel at European level, which recorded a growth of 239% for revenues equal to 83,304 euros, the S. Moritz store, which recorded + 141% of corresponding sales and special sales, a strong point and distinctive element of Gismondi 1754’s offer.

In a note, the company specifies that analyzing revenues by geographical area, as at 30 September 2020 the incidence on the consolidated management turnover is growing across the board with respect to all the markets in which Gismondi 1754 operates, with particular mention for the US market ( equal to 43% of turnover) and the Italian market (equal to 14% of revenues). The USA and Europe are confirmed as the areas that have the greatest impact on the Group’s turnover, but the Russian market and the Middle East are also gradually establishing themselves, both with an incidence of 7%. The rest of the countries are worth 10% of consolidated turnover overall.

We are very satisfied because these results are part of a very difficult market context globally and in a sector, that of luxury, which is recording widespread losses overall. Gismondi 1754 grows against the trend and for this reason the value of + 7% in the first 9 months of 2020 acquires an even more significant value because, beyond the economic aspect, the Company today has its own recognisability that allows us to maintain our standards without compromising our characterizing principles, both in the artisanal creation of our collections and in the highly loyal relationship with our customers, which goes beyond the sale of a jewel.
Massimo Gismondi, CEO of Gismondi 1754

Alta gioielleria Gismondi 1754, collana e orecchini della collezione Essenza, in oro bianco, diamanti e zaffiri

Compared to the turnover figures by sales channel, the item Special Sales still stands out, that is the sale of bespoke jewelery strongly devoted to tailor-made which, “in an economically complex historical phase due to the coronavirus pandemic, testifies the strong between the brand and its customers “. Overall, however, all the sales channels hold, as evidence of an increasingly consolidated recognition of the value of the products that has allowed Gismondi 1754 not only to absorb the difficulties of the retail channel (the stores in Milan and Portofino in particular), in times of lockdown, but to achieve a growth in turnover for the period.

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