Gismondi 1754 consolidates its presence in the USA
High jewellery by the historic Genoese brand Gismondi 1754, listed on the Euronext Growth Milan market, will soon be making its appearance at Saks Fifth Avenue. During the latest edition of Vicenzaoro in March, the brand confirmed orders for over 500 thousand euros and consolidated its presence in the USA by signing an agreement with the historic and exclusive American luxury department store chain.
Saks Fifth Avenue, which boasts 45 stores located throughout the US, has signed an “open” commercial contract (no expiry date) with Gismondi 1754 which foresees that, as of May 2022, its jewellery will be sold at 5 department stores in Beverly Hills, Houston, Miami, Palm Beach and Naples. From November 2022, the Genoese brand will also be found in Saks Fifth Avenue, its number one location in New York. This is a significant agreement in terms of commercial importance and prestige, which further consolidates Gismondi 1754’s presence in the United States where it already collaborates with another well-known luxury chain, Neiman Marcus, in Garden City, Austin, Charlotte, San Antonio and Honolulu.
During Vicenzaoro, Gismondi 1754 received jewellery orders for a total value of 512,444 euros from distributors and customers in Italy, UK and Europe, which will be delivered between April and May 2022.
Massimo Gismondi, CEO of Gismondi 1754, said: «The brand’s is continuing to develop commercially and attracted enormous interest at Vicenzaoro. Starting this new collaboration with the oldest, most prestigious and exclusive American department store chain is a source of great enthusiasm for us because it means that we will be featured in the two most important temples of luxury overseas: Neiman Marcus and Saks Fifth Avenue. After the brilliant and recently approved results of 2021 and the excellent start to 2022, we are continuing with this extremely positive moment and the Vicenza show has demonstrated how appreciation for our collections is constantly growing among the Italian and international public.»
Federica Frosini, Editor in chief VO+