Giglio Group S.p.A. – New strategic guidelines and e-commerce opportunities

05 February 2019

Giglio Group S.p.A. – the leading e-commerce 4.0 platform listed on the MTA-STAR market ever since 20 March 2018 – presents its strategic business guidelines approved by the Board of Directors that anticipate the industrial plan, to be approved in March. Over the years, Giglio Group fine-tuned its business model, evolving from a Media company to a Digital one, thus defining the e-commerce 4.0 concept (a “complete supply chain” one) through its divisions IBox Digital and IBox Distribution that, as of today, can count on 12 new signed agreements and 34 in the final stages of negotiation, which add up to the 70 brands already in its portfolio. The Group’s e-commerce 4.0 was developed throughout 2018 thanks to strategic agreements signed with two major operators of e-commerce technology such as Oracle and Sopra Steria, focusing solely on areas instrumental to the promotion of online sales as far as media are concerned. Alessandro Giglio, Chairman of Giglio Group, declares: “We are sure that our e-commerce 4.0 model is the future and we have worked all these years not only to evolve it technologically, but also to make it unique worldwide. Brands that rely on us, today, can be connected with all major online sales platforms of the world, strategically serving their own target and sales objectives. Ever since 2010, the e-commerce market has been growing constantly of at least 6% on an annual basis and shall grow even faster in the following years. We firmly believe that we chose the right business path at the right time, obtaining competitive advantages and significant revenues as a Group”. Today, Giglio Group is a “Worldwide Digital Enabler” providing tailor-made B2B and B2C services in the fashion sector, with more than 70 partner brands who benefit from integrated services such as the creation of e-commerce platforms, the connection of said partners with major worldwide lifestyle marketplaces and online stock management, as well as 280 million pages viewed and 45 million annual web sessions.