Design Holding reports record-high annual revenues
€ 867.6 million, up +25.8% compared to 2021
(+15.7% proforma) and consolidates its
leading position in the high-end design market.
Design Holding continues to deliver its strategic plan, in maintaining its leading position in new product development, strengthening its distribution network in key geographies, such as US and China, and in improving its direct-to-consumer approach.
The Group broadened its portfolio of iconic brands and widened its product range with the acquisition of Designers Company, the Danish Group, including complementary brands such as Menu and by Lassen.
“The results achieved by Design Holding in 2022 are testament to the excellence of our brands, and are validation of our business strategy, and the talent of our people. The acquisition of Designers Company, an icon of Nordic design with an extensive archive of design products, has enriched and complemented our portfolio. As we look forward, our goal remains unchanged: to continue to be the global leader in high end design. We maintain our leading position via a strategy based on four pillars: (1.) to enhance the desirability of our brands, by partnering with world class designers and constantly investing in R&D in order to create durable, beautiful and sustainable products, (2.) to continue pursuing our direct-to-consumer journey, placing consumers at the center of all our touchpoints, including DOS, Monobrands, e-commerce websites, (3.) to expand our international reach with a focus on North America, China and the Middle East, and (4.) to enhance our leadership in the high-end contract business, a sector that enables us to provide tailor-made design solutions for the hospitality, residential, corporate and retail business segments, and which demonstrate the expertise and quality of our brands. Alongside these key focuses, the Group remains committed to making further progress in accelerating its ESG strategy and reducing GHG emissions on its operations; the Group is Carbon neutral on scope 1 and 2 since 2020. Design Holding is united in its mission to continue driving its creative processes, enhancing the customer experience, and leading the way in sustainable design, which is rooted in our Group mantra: We design for a beautiful life.”
Daniel Lalonde, CEO Design Holding