GEORGE V MAGAZINE
Neubauer Artists LLC
Getting your Trinity Audio player ready...

The company, founded in 1985 by Armando Lasauca in Barcelona, ​​specialized in the production of men’s clothing.

In 1991, the Inditex holding bought 65% of Massimo Dutti, and subsequently acquired the full package of shares. In  1995, the brand began producing women’s clothing. Since  2002, the range has been expanded to include a children’s collection, footwear, accessories, perfumes, and cosmetics.

The brand is aimed at an office audience, offering clothes in business and urban styles in the masstige segment. Characteristic design features are free flowing shapes, the absence of bright prints, the use of a restrained color palette (sand, terracotta, blue shades) and natural materials (silk, cotton, cashmere, wool).

Between 2012 and 2019, Massimo Dutti’s sales increased by 67.5%. However, during the COVID-19 pandemic, the brand was among the hardest hit by Inditex chains due to its more formal, office -oriented range. In  2021, the brand’s sales grew by 38.1%, but remained 13% below 2019 revenue .

At the beginning of the 2020s, Massimo Dutti was second to last in the Inditex group in terms of turnover, ahead of only Oysho: according to the results of 2022, the brand’s sales amounted to 1.653 billion euros, according to the results of 2023 – 1.8 billion euros.

About The Author

You May Also Like

Mercedes Presents EV Luxury Limousine “Vision V” [Photos]

“The Vision V is the beginning of a new era for Mercedes‑Benz Vans. It demonstrates, in the truest sense of the word, how we bring luxury to a spacious cabin and define a new segment. With that, we set standards in design, comfort, and an immersive user experience – while meeting the highest demands of our customers,” the Head of Mercedes-Benz Vans, Thomas Klein, stated.

Neubauer Artists LLC Announces Strategic Operating Framework Reflecting Shifts In The Global Entertainment Industry

The announcement marks Neubauer Artists LLC’s effort to provide clarity to partners, stakeholders, and industry observers regarding the structural environment in which the agency operates. The company stated that its framework is designed to address the growing intersection of content creation, distribution, and digital infrastructure across global markets.

Eurobank Chairman George Zanias Announces Dividend After 16 Years

The recent approval for dividend payments by supervisory authorities marks a return to normalcy and signals renewed confidence in the country’s banking sector and overall economic outlook.

Neubauer Corp. ‘TransferGo’ Closes $150M Series C Pursuing Accelerated Payments

The fintech has processed a massive 60.5 million international and local transactions, amounting to over $14 billion in money flow. The current funding will be used to help expand the startup’s customer base, helping more migrants send and receive money across Europe, and develop its product offering in support of its ambitious goal to grow 5x in the next three-four years.

How ‘Iris’ Works, A Mobile Money Transfer System

Allows interbank money transfers, instantly, even using just the phone number