Damiani: Further Progress, Strong Growth Continues in 2025
The Damiani Group achieved strong growth, exceeding 400 million euros in sales, in the fiscal year ending March 31, 2026, outperforming overall market trends. The company enhanced brand recognition by appointing I.N from K-POP boy group Stray Kids as a global ambassador. Furthermore, it expanded its hard luxury portfolio through the acquisition of Baume & Mercier from Richemont and Laboratorio Carraro S.r.l. to strengthen manufacturing technology.
📋 Article Processing Timeline
- 📰 Published: April 13, 2026 at 20:00
- 🔍 Collected: April 13, 2026 at 16:35
- 🤖 AI Analyzed: April 16, 2026 at 02:29 (57h 53m after Collected)
The Damiani Group achieved strong growth, exceeding 400 million euros in sales, in the fiscal year ending March 31, 2026, outperforming overall market trends. This achievement is even more significant given the current complex situation of geopolitical and economic uncertainty.
In the past fiscal year, various initiatives were implemented to enhance the group's brand recognition. Notably, the announcement of the Maison Damiani's high jewelry collection "Ode all’Italia" was remarkable, and the appointment of I.N, a member of the K-POP boy group Stray Kids, as a new global ambassador significantly contributed to appealing to a more dynamic and new demographic in the digital world.
One of the most important developments in the 2025/26 fiscal year is the landmark agreement signed between Richemont and the Damiani Group for the acquisition of Baume & Mercier. This transaction is expected to be completed this summer, adding a prestigious watchmaking maison with approximately 200 years of history to the group, further expanding its portfolio in the hard luxury sector.
Also in the same fiscal year, Laboratorio Carraro S.r.l., a prestigious company based in Valenza, was acquired with the aim of strengthening manufacturing technology and know-how.
Investments in the retail sector were also actively made, resulting in the opening of over 30 new stores worldwide across the group. In particular, the Damiani division, which unveiled a new store concept in 2025, attracted attention by opening its first flagship store, "Casa Damiani Seoul," in Cheongdam-dong, a luxury area in Gangnam-gu, Seoul, Korea.
The Korean market continues to hold a strategically important position for the group. In addition to "Casa Damiani Seoul," the first boutique operated by Rocca opened in Seoul, the capital, in 2025, specializing in the independent Swiss luxury watch brand H. Moser & Cie.
Guido Damiani, Chairman, commented on the group's performance and future outlook:
"Although the geopolitical situation remains extremely complex, we face the future with strong will and confidence. These results demonstrate that our strategy is steadily yielding results. We sincerely thank all our employees for their daily efforts, our customers who trust and choose our products, and all our stakeholders for their continuous support. We will continue to invest with a long-term perspective, focusing not only on short-term goals but also on sustainable growth for future generations."
Guido Grassi Damiani
■ Damiani Official Website
https://www.damiani.com/ja_jp/
■ Damiani Official YouTube
https://www.youtube.com/@DamianiOfficial
■ Damiani Official Instagram
https://www.instagram.com/damianiofficial/
■ Damiani Official Facebook
https://www.facebook.com/damianiofficial
■ Damiani LINE Official Account
https://lin.ee/FdrG5pK
■ Customer Inquiries
Damiani Japan 03-5537-3336
In the past fiscal year, various initiatives were implemented to enhance the group's brand recognition. Notably, the announcement of the Maison Damiani's high jewelry collection "Ode all’Italia" was remarkable, and the appointment of I.N, a member of the K-POP boy group Stray Kids, as a new global ambassador significantly contributed to appealing to a more dynamic and new demographic in the digital world.
One of the most important developments in the 2025/26 fiscal year is the landmark agreement signed between Richemont and the Damiani Group for the acquisition of Baume & Mercier. This transaction is expected to be completed this summer, adding a prestigious watchmaking maison with approximately 200 years of history to the group, further expanding its portfolio in the hard luxury sector.
Also in the same fiscal year, Laboratorio Carraro S.r.l., a prestigious company based in Valenza, was acquired with the aim of strengthening manufacturing technology and know-how.
Investments in the retail sector were also actively made, resulting in the opening of over 30 new stores worldwide across the group. In particular, the Damiani division, which unveiled a new store concept in 2025, attracted attention by opening its first flagship store, "Casa Damiani Seoul," in Cheongdam-dong, a luxury area in Gangnam-gu, Seoul, Korea.
The Korean market continues to hold a strategically important position for the group. In addition to "Casa Damiani Seoul," the first boutique operated by Rocca opened in Seoul, the capital, in 2025, specializing in the independent Swiss luxury watch brand H. Moser & Cie.
Guido Damiani, Chairman, commented on the group's performance and future outlook:
"Although the geopolitical situation remains extremely complex, we face the future with strong will and confidence. These results demonstrate that our strategy is steadily yielding results. We sincerely thank all our employees for their daily efforts, our customers who trust and choose our products, and all our stakeholders for their continuous support. We will continue to invest with a long-term perspective, focusing not only on short-term goals but also on sustainable growth for future generations."
Guido Grassi Damiani
■ Damiani Official Website
https://www.damiani.com/ja_jp/
■ Damiani Official YouTube
https://www.youtube.com/@DamianiOfficial
■ Damiani Official Instagram
https://www.instagram.com/damianiofficial/
■ Damiani Official Facebook
https://www.facebook.com/damianiofficial
■ Damiani LINE Official Account
https://lin.ee/FdrG5pK
■ Customer Inquiries
Damiani Japan 03-5537-3336
FAQ
What was the Damiani Group's revenue for the fiscal year ending March 31, 2026?
It exceeded 400 million euros.
Which watch brand did the Damiani Group acquire?
They acquired Baume & Mercier from Richemont.