Italian family owned luxury menswear house of Stefano Ricci, based in Florence, has announced its intentions to file for a IPO listing on the Milan stock exchange in 2015.
The house expects a record 42 percent turnover growth in 2013 compared to 2012, reaching 129 million euros and an ebitda of 31 million euros. By the end of the year Stefano Ricci’s global retail network of mono-brand stores is expected to grow from 39 to 42, with the objective to reach 150 million euros in turnover in 2014.
