Coccinelle announces 2024 growth
Italian luxury brand Coccinelle has reported strong financial results for 2024, achieving double-digit growth and a turnover of €104 million, driven by a customer-focused strategy and global expansion.
The brand strengthened its presence in travel retail and opened new stores in Italy, Abu Dhabi, Malta, Austria, and Romania, while renovating key boutiques in Taormina, Naples, Athens, Shanghai, and Bangkok.
Europe led growth with a 12% increase, particularly in Germany, Austria, and Eastern Europe, while Italy grew by 13%, representing 45% of total sales. The Asian market remained stable, and expansion continued in the Middle East. E-commerce sales rose by 12%, now making up over 20% of revenue when including online wholesale.
For 2025, Coccinelle plans further growth, including the launch of its first Pet collection and the C-ME bag, the highlight of its Spring/Summer campaign.
