The company reported that growth in the financial year, which ran until April 30, 2023, was driven by its eponymous brand, revenue for which was up by 25% year-on-year to US$126 million. Meanwhile, the Martinelli brand had sales of €11 million.

Pikolinos has recovered thanks to a three-year pandemic recovery plan, which involved the introduction of artificial intelligence, automation in warehouses and diversification into new markets. The company now plans to enter Latin American markets.

President Juan Manuel Perán said: “These figures make us more demanding and rigorous because the goals are becoming increasingly ambitious. Our starting point is optimal – our incredible team, a great product and unwavering enthusiasm are the ingredients for the ongoing fiscal year.”

Source: Shoe Intelligence