Arav Group closed out 2025 with revenue of €52 million (up 8.2% from €48 million in 2024) and EBITDA of €7 million. The Italian multi-brand fashion group has also embarked on a new phase of development, accompanied by a strengthening of its management structure.
An ambitious growth strategy
Buoyed by these results, the company—whose portfolio is structured around three main divisions: John Richmond (including the Richmond X line), Silvian Heach, and the Kids division, which includes Richmond Kids, Trussardi Junior, North Sails Kids, Roberto Cavalli Junior, and Just Cavalli Junior—is preparing to embark on a new phase of growth. For 2026, the group aims to reach €60 million in revenue, while in the medium term, the goal is to hit the €100 million mark within the next three years. The strategy is centered on three main pillars: revenue growth through new collections, international expansion, and the development of the retail network.
International expansion and real estate project in Dubai
Particular attention is being paid to the U.S. market, identified as a key area for distribution development, supported by growing interest in the Middle East. It is precisely in this context—confirming the brand’s push into the Middle East and its expansion plans—that the “Richmond District,” a new residential project developed by Mira Developments in collaboration with the British brand, was unveiled in Dubai in recent days. The complex, located in Al Furjan, comprises five residential towers, an office tower, and an integrated amenities area. It represents an evolution of the brand’s stylistic language in the worlds of architecture and lifestyle, marking a further step in the group’s diversification process.
Retail Development and Strategic Partnerships
At the same time, the company has defined a retail development plan, with the opening of new stores in Italy and abroad, coupled with an external growth strategy through acquisitions and partnerships. The Silvian Heach brand will also play a central role, as the focus of a dedicated expansion plan that includes company-owned and franchise openings, in addition to the development of corners and soft corners with international partners.
Governance Renewal and New Management Team
To support this roadmap, Arav Group has initiated a renewal of its governance by forming a new executive team (C-suite) with cross-functional skills and a focus on execution. Under the leadership of Mena Marano, the group has appointed Silvia Menigatti as General Manager, who has already taken up her position and is responsible for operational oversight as well as the coordination of strategic execution. The strengthening of the leadership team will continue with the arrival in mid-May of Dario Rega as Chief Financial Officer, who will lead the finance function with a focus on planning and control. Luca Capone has already taken up his role as Chief Operating Officer, with the mission of optimizing operational efficiency and guiding the transformation of internal processes. Finally, Marica di Fraia will also assume her role on May 15 as Chief HR Officer, responsible for talent management and organizational restructuring.