Milibu’s growth slowed by crisis

Haute-Savoie: Milibu’s growth slowed by crisis

Months go by for the haute-served company Milibu and are not the same. While it had completed the record year 2020-2021 in June, with its business growing at 37%, the company is now suffering from the current context, especially with delays in production and imports, resulting in disruption of product availability. Is. For the first quarter of its staggering fiscal year (2021–2022), Milibu reported a turnover of 8.97 million euros, down 2.8% compared to the first quarter of 2020–2021. “We have a solid first quarter. Despite a more normal consumer environment and economic stress on supply, we have managed to nearly repeat last year’s performance, which benefited from a boom in e-commerce during this period. Imprisonment,” notes the CEO, Guillaume Lachenal (photo).

For the next few months, Milibu announced that it would continue to focus on its direct sales channels while focusing on rebuilding its inventory levels. Specializing in the design, manufacture and online sale of furniture and decorative items, the company is still firmly entrenched in Haute-Savoie, with its base camp in Chavanod, near Annecy.

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About the Author: Forrest Morton

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