Giglio.com is introducing Digital Gateway, a new business-to-business division providing digitalization services.
The luxury online retailer, listed on the AIM Italia program of the Milan Stock Exchange dedicated to small and medium-sized companies, said Wednesday that it is introducing a new business-to-business unit providing digitalization services.Digital Gateway is a new division leveraging Giglio.com’s 20-plus years of experience in running a fashion multibrand e-store providing business clients with services geared at ramping up their digital capabilities.
“Digital Gateway meets these needs with the best-in-class skills developed over Giglio.com’s many years of experience, which have been pivotal to our success,” he added. The move can also be seen as an avenue of business diversification for Giglio.com, which in 2023 logged a 10 percent uptick in sales to 56.3 million euros, and improved profitability, with adjusted earnings before interest, taxes, depreciation and amortization standing at a loss of 200,000 euros, an advancement of 3 percentage points in two years.product catalogues for clients and brands, leveraging Giglio.
Giglio.com was established in 1996 and functions as a marketplace with around 200 brick-and-mortar stores as partners, mainly based in Italy, in addition to France and Spain, among other countries.As reported, last year Giglio.com linked with Vestiaire Collective to enter the secondhand market and introduced a design and lifestyle section, both contributing to an increase in its gross merchandise value.
In addition to the Giglio.com business, the Giglio family independently operates five physical boutiques in Palermo, Italy — a business that began in 1965.A Look Back at Princess Caroline of Monaco's Three Royal Weddings…. We use vendors that may also process your information to help provide our services. // This site is protected by reCAPTCHA Enterprise and the Google. We use vendors that may also process your information to help provide our services.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
OpenAI Wants AI to Help Humans Train AIHaving humans rate a language model’s outputs produced clever chatbots. OpenAI says adding AI to the loop could help make them even smarter and more reliable.
Read more »
Dave McCormick wants to help families pay for IVF, ban most kids from social mediaMcCormick promised to protect access to contraception while laying out plans to help families pay for IVF and calling for a ban on children accessing social media.
Read more »
Her siblings have sickle cell disease; this CHOP health researcher wants to help others like themTanisha Belton, a health researcher at Children's Hospital of Philadelphia, talks about sickle cell disease and her ongoing research project.
Read more »
Philips Hue Wants To Help You Get A Good Night’s SleepCo-founder of Wareable Media, now part of Candr Media Group, Paul is one of the leading experts on consumer smart home technology. You can read his reviews and analysis over on The Ambient.
Read more »
LA's Natural History Museum wants help naming its new dinosaurYou read that right, green bones. The 75-foot skeleton is coming to the Natural History Museum in the Fall, and she needs a name.
Read more »
Zoom CEO wants customers to send their AI-powered 'digital twins' to future meetingsZoom CEO Eric Yuan discussed the possibility of workers using AI clones in meetings, which would allow their 'digital twin' to attend in their place. Experts weigh in.
Read more »