Gioseppo has finished 2024 with net sales of 43 million euros, leaving behind the impact of the pandemic. The company’s online business already represents 35% of its billing, driven by its website, presence in marketplaces, and wholesale in digital channels. In addition, Gioseppo has registered a Gross Merchandising Value (GMV) of 55 million euros and plans to reach between 65 and 75 million in 2025, according to its CEO, Germán Navarro.
The company has launched a growth plan for the coming years, with the objective of expanding in the United States and increasing its turnover by 10 million euros per year to 2027. This plan is based on the work done in 2024, when various internal measures were implemented, and the results are expected to be reflected in the coming years.
Expansion into New Markets
The United States is one of the main bets of the brand, which already has its own subsidiary in the country, more than a hundred independent accounts, and five Key Accounts. However, Spain is still its main market, representing 50% of the billing. Gioseppo also has an outstanding presence in Portugal, Greece, Benelux, and Italy, where it has made important marketing investments in recent years.
Commercial Network
Gioseppo’s commercial network includes more than 5,000 points of sale in 80 countries, which generate 60% of its income. In addition, 10% of the billing comes from its own seven stores in Spain, nine international franchises, and three Corners in the English Court. In the coming months, the company will expand its presence in these department stores with the opening of five new Corners.
With this strategic plan, Gioseppo seeks to consolidate its growth and strengthen its position in the global market.