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Aquazzura Marks First Decade in Business, to Launch New Categories

By Marty Batteen 2 weeks ago

MILAN — Aquazzura is marking its 10th anniversary this year and founder Edgardo Osorio continue to marvels at the milestone. “It seems like yesterday and but like a life span ago. It’s amusing, a lot of men and women are surprised, they hardly ever imagine it’s just 10 decades.”

This is possible simply because of the position and brand awareness Aquazzura has obtained in the ten years, as the designer has succeeded in constructing a reliable and unbiased small business and in developing a faithful customer foundation that features celebs and royals ranging from Kate Middleton to Nicole Kidman and Scarlett Johansson, to name couple.

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Absolutely nothing has transpired by opportunity, having said that, and Osorio pays tribute to the artisans he has labored with about the years, who have handed on their know-how and enthusiasm for this craft. 1 of his objectives is to continue to keep Made in Italy classic methods, handed on across generations, thriving for the foreseeable future.

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Osorio was only a teen when he started interning and he worked for a ten years in the business in advance of launching Aquazzura. “I experienced time to plant my toes on the ground and create my encounter and the correct contacts with brands, suppliers and artisans just before heading on my personal,” Osorio spelled out. “This is a organization you can’t improvise, knowledge is so significant, never advise in any other case.”

He recalled how he’d normally been fascinated in style, interiors and fashion, “obsessed with generating the environment attractive and generating lovely issues,” he reported with a giggle. “Since I have any recollection, I’ve usually cherished to sketch and attract.”

Following a summer months training course at Central Saint Martins in London, his teachers — and he himself — rapidly realized his concentrate really should be on components. “It was rather purely natural for me and I am a pretty instinctive individual, I perform and live on instinct and this appeared to me the appropriate way to go.”

The anniversary is not a second to glimpse back, although, as Osorio is chaotic extending the Aquazzura merchandise offer you. After presenting a dwelling line for the duration of Milan Design and style 7 days, Osorio is introducing the Tequila clutch to mark the brand’s birthday, flanking the Tequila sandal, and he will unveil a complete-fledged handbag collection to shops in July. This will be introduced in the initial quarter of future year.

The designer has approached this section prior to with a capsule of 20 1-of-a-type confined edition bags with semiprecious stones with French artist Béatrice Serre for the Venice Biennale. “This was marketed out the similar night to collectors,” he reported proudly.

The new handbag assortment will be “versatile” but additional centered on daywear “in communication” with the footwear. Osorio mentioned the start responds to a market place ask for from partners and buyers.

An Aquazzura Tequila clutch - Credit: Marco Lambri courtesy of Aquazzura

An Aquazzura Tequila clutch – Credit score: Marco Lambri courtesy of Aquazzura

Marco Lambri courtesy of Aquazzura

“I have been wanting to do this for a very long time and I have had 10 many years to fantastic the formulation. I assume I last but not least located the appropriate way. It’s a quite crucial category and it’s pretty uncommon for footwear manufacturers to see purses become a major portion of their business enterprise,” Osorio mentioned. The baggage are also produced in Italy.

In September, Aquazzura will also launch its initially menswear shoe collection in the to start with quarter of subsequent year. It will have “a true concentrate on ease and comfort, for a wise informal selection, giving an alternative to sneakers,” mentioned the designer, who admitted he is also eyeing eyewear, fragrances and cosmetics.

Company gross sales are envisioned to whole involving 66 million and 70 million euros in 2022 and Osorio stated Aquazzura has found “really superior-double-digit growth” from 2019 and by means of the pursuing years, irrespective of the COVID-19 pandemic.

“We’ve been pretty lucky the enterprise has been successful from the very first yr,” he claimed.

Asked about the rumors surrounding a attainable sale of the manufacturer, Osorio claimed that “independence is rare and we enjoy it, but we know that to improve to the subsequent amount, to income of 200 or 300 million euros, you require a strategic partnership and funds. I really do not see it happening in 2022 or 2023, but in the shorter to mid-time period, yes, and traders could also enable expand our retailers and our workforce.”

Wholesale accounts for 68 percent of complete income, but Osorio is eyeing an expansion of the brand’s retail network, which comprises 15 suppliers. “We want this channel to depict 60 to 70 p.c of the company in the up coming several many years,” he claimed. Current openings involve models in Paris and Madrid. In September, the most significant manufacturer boutique will open up in Florence. Osorio pays distinctive attention to the interiors, provided his enthusiasm for structure and present-day artwork, with one particular-of-a-variety pieces.

The U.S. is Aquazzura’s main market, representing between 40 and 45 p.c of the complete, adopted by Europe and the Center East, where Osorio claimed he’d viewed “explosive growth” in the past a few yrs. To wit, he is scheduling an growth in Dubai and the opening of a 2nd keep in Doha, eyeing “a strategic partnership” in Saudi Arabia. Osorio, who was born in Colombia, is also focusing on South America and Mexico in certain. “We have a substantial Latin American community of customers who also store in Europe and in the U.S.,” he pointed out.

On-line website traffic was up 110 % from 2021 and Osorio forecast the model will pretty much double its world-wide-web business by the close of the 12 months. “Omnichannel last calendar year was phenomenal, it is wherever we see a actually significant driver of progress,” he explained.

On June 15, Aquazzura unveiled a capsule selection with Mytheresa, inspired by the designer’s newfound adore of diving “and the outstanding coral reefs I visited in Bonaire and the Maldives very last calendar year,” he claimed. With submarine shades, the Meteorite Sandals occur in brilliant and iridescent summer months shades of blue, environmentally friendly and yellow plexiglass with matching crystals.

An Aquazzura design for Mytheresa - Credit: courtesy of Aquazzura

An Aquazzura style for Mytheresa – Credit score: courtesy of Aquazzura

courtesy of Aquazzura

The capsules “bring pleasure to the manufacturer and provide an fascinating and new stage of look at,” he mentioned, adding that they step from “opportunity and friendships,” citing, for instance, his assortment with Marie-Louise Sciò, chief executive officer and creative director of Pellicano Hotels, on her Issimo system.

“I do not take into account myself a trend individual, I am fascinated in the lifestyle and what’s heading on in the minute. I travel eight months of the yr and I am fascinated by what people put on, wherever they are heading, what is occur in the earth,” Osorio continued. “Culture moves me, not trends, I do what instinctively arrives to me, regardless of whether it gets a pattern or not. Excellent design wants to stand the check of time, it should really not be seasonal, for me it is about producing a girls lovely and sense wonderful. If something is very well-created, it must be wonderful in 10 decades. I detest the thought of matters that are fashionable. What is a pattern now? All the things is a craze and practically nothing is a trend, you make the trends and with Instagram a craze can be established in a working day and die a week afterwards. Luxurious really should not be fashionable, it need to stand the exam of time and be cherished mainly because it’s very well produced. Luxurious indicates that someone used time contemplating of the customer, imagining of how she’s heading to wear that product and enjoy its to suit her daily life.”

Edgardo Osorio - Credit: courtesy of Aquazzura

Edgardo Osorio – Credit history: courtesy of Aquazzura

courtesy of Aquazzura

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