Benvenuti ended 2022 with more than RON157.1 million (about EUR31.8 million) sales, a net profit of RON17.6 million (EUR3.5 million) and an average number of 375 employees, according to publicly available data.
“It’s hard to make estimates because there are external factors – inflation, cost increases, war nearby – that influence the market, but we will try to maintain at least at the level of 2023. Romania still has growth potential, we are on a path where we want to reach the level of other countries in the European Union (…),” Adrian Cazu, Benvenuti’s development and retail manager, told ZF Transilvania.
The company opened its 47th store in the country and sixth in Bucharest, in Bucharest Mall, in October 2023. Benvenuti currently operates a network of stores mainly under the Benvenuti brand, but also has stores under the Enzo Bertini brand.
The Enzo Bertini network currently has nine high-class multibrand stores, where the retailer sells brands such as Karl Lagerfeld, Steve Madden, Premiata, Valentino, Calvin Klein, Tommy Hilfiger, John Richmond, Guess, John Galliano, Liu Jo, Gant and Enzo Bertini.
Benvenuti’s majority shareholder is Romanian entrepreneur Dan Pavel.
(English version by Loredana Fratila-Cristescu)