The 360° Strategic Workshop involves:
Our strategy workshop includes the following outcomes but is not limited to, depending on your requested topic and meeting hours:

360° your Business Discovery
We go beyond surface-level analysis, delving deep into every aspect of your business ecosystem. Uncovering the roots of your business, and understanding where you've come from, who you are now, and where you want to head? This includes internal dynamics like the business model, organizational culture, capabilities, and resources, as well as external factors like market trends and competitor strategies, and customer insights to identify key future opportunities and challenges.

Discover Germany at a glance!
We discover Germany and business in Germany at a glance! We talk about German laws and about business opportunities and threats.
Not from an origin German! Rather, from an experienced business development expert in Germany. These two are very different!
Things like types of company registration, taxes, business management or change management, brand and intellectual property, business and investment opportunities and... everything you want to know!

Opportunities Identification:
Here is the most pleasant moment of the meeting for us. Where when we introduce a new investment opportunity with 1000% return and we see a spark in client eyes. But the miracle has not occurred yet. Miracles happen when we introduce our exclusive Beesinees business model. Where you pay only 10% tax instead of 70% German tax.
And finally,

Business Strategic Roadmap:
Our summary of your business potential and capabilities, and the opportunities ahead in Germany, provides you with an opportunity cost. We present how you can use this opportunity on the road map. This road map presents the basic cornerstone of your business in Germany for at least the next ten years step by step, including all the details of opportunities and threats and fears and hopes.

•Brand Name
Palmellato

•Brand Tagline
It's all about your style

•Brand Sector
Luxury goods:
Leather goods
Fashion and accessories
Cosmetics and fragrances
Watches, jewelry and eyewear

•Domain Name/URL
www.palmellato.com

• Business Type:
B2B/B2C/B2B2C

• Category/Suggested Category:
Luxury goods:
Leather goods
Fashion and accessories
Cosmetics and fragrances
Watches, jewelry and eyewear

• Location:
Worldwide

• Total market value:
> € 250 billion

• The value of the business concept:
< € 1 milion

• The value of the brand concept:
> € 10 milion

• Level of investment:
From €100 milion (F-G-H)

•Kind of Ownership:
Ownership, Partnership

• ROI:
On request. You are cordially invited to our "Strategy Session"

• CAGR:
On request. You are cordially invited to our "Strategy Session"


Market Size:
The global luxury goods industry, which includes cars, jets, drinks, fashion, cosmetics, fragrances, jewelry, and leather goods, has increased in value for many years. Although the technical term 'luxury goods' is independent of the goods' quality, they are generally considered to be goods at the highest end of the market in terms of quality and price. Within the luxury goods sector, the luxury car sector is the most valuable, bringing in 503 billion Euros in 2020. Personal luxury goods, the second most lucrative category, have increased consistently over the past couple of decades.

The global luxury goods market is expected to increase from US$285.1 billion in 2020 to US$388 billion in 2025. Although revenues in 2020 are expected to dip sharply compared to 2019 due to the COVID-19 pandemic.
Even though luxury online sales are gaining market share worldwide, the importance of the physical store continues to increase. Interestingly, digital-born luxury companies are now opening physical stores to increase traffic to their eCommerce stores, enhance brand legitimacy, provide the touch-and-feel lacking in an online store, and improve local community engagement.

On the other hand, the segment luxury leather goods covers highly exclusive handbags, suitcases and briefcases as well as small leather goods such as wallets. These goods convey the taste and status of their owners. The five most significant players in this category are LVMH (with brands such as Louis Vuitton, Rimowa, Moynat and Loewe), Kering (Gucci, Saint Laurent, Bottega-Veneta and others), Coach, Michael Kors, Hermès and Tumi (which has been acquired by Samsonite but is still listed independently here). Leather Goods have proveone of the one the fastest-growing segments within the market for personal luxury goods and are projected to grow at rates above the market average up to 2025.
Luxury Leather Goods Report 2020The segment Luxury Leather Goods accounted for 15% of Luxury Goods revenue in 2019.

Worldwide revenue of US$48 billion in 2019 is expected to increase to US$64 billion by 2025. The global luxury goods market is expected to increase from US$285.1 billion in 2020 to US$388 billion in 2025. In 2019, luxury leather goods accounted for 15% of Luxury Goods revenue. Worldwide revenue of US$48 billion in 2019 is expected to increase to US$64 billion by 2025. Edited © Statista

History of the name:
Italian leather history goes way back to the year thousand when the Saracens brought the use of leather to Sicily. Through the years, its craftsmanship evolved and spread all over the country, and Italy became one of the world's leading players in the production of leatherwear. A merit that still stands today.

In 1282, the Arte dei Cuoiai (Leather Workers Guild) was born. It was one of many professional guilds in Florence (others were present in developed cities like London), secular institutions that protected trade secrets and enforced strict quality standards. This ensured the city's leather industry remained highly competitive on the international stage. To this day, dotted along the banks of the River Arno from Florence to Pisa, esteemed leather artisans continue to operate.
At the beginning of the 20th century, a selection of now leading fashion houses began their commercial lives as leather goods stores, including Prada (1913), Gucci (1921) and Ferragamo (1927).

As is the case with most inventions in the fashion world, Palmellato leather originated in Italy where it was allegedly first used by Mario Prada (founder and original designer of the fashion label Prada).
While there is evidence that this type of leather was invented before Mario Prada, he patented and commercialized it, and has used it in many of the company's most successful high-fashion goods, such as bags, ever since.

Even though the leather was used exclusively by Prada for decades, once the patent expired, other brands started using Saffiano and Palmellato leather and name as well; and it found its way into the bag, wallet, and belt collections of many labels like Armani, Boss, Bvlgari, Coach, Chanel, Gucci, Hermes, Longchamp, Louis Vuitton, and Michael Kors.

Whether you choose this brand for fashion house, accessories or leather goods, its seductive, luxurious, memorable and melodious Italian name is always reminds a luxury product.

Business strategy is a plan of action that outlines how a company aims to achieve its goals and objectives. It involves making decisions about where to allocate resources, how to differentiate from competitors, and how to create value for customers.

Business strategy provides a roadmap for the company's success. It helps align all aspects of the business, from operations to marketing, towards common goals, ensuring efficient resource utilization and adaptability to changing market conditions.

A business strategy is typically developed through a combination of internal analysis (assessing strengths and weaknesses) and external analysis (examining market trends, competition, etc.). This information guides the formulation of strategic goals and the action plans to achieve them.

Common types of business strategies include cost leadership (offering products at a lower cost), differentiation (offering unique products), focused/niche strategy (targeting a specific market segment), and innovation strategy (prioritizing new products and technologies).

Business strategy outlines how a company competes in the market, while a business model focuses on how the company creates, delivers, and captures value. Strategy is about long-term direction, while a business model is about revenue generation and profit.

Business strategy should be a dynamic process, not a one-time event. It's recommended to review and potentially revise your strategy annually or more often if there are significant changes in the market or internal factors.

Innovation is often a critical component of a business strategy. It can involve developing new products, services, or processes to meet evolving customer needs and stay ahead of competitors.

Success metrics can vary depending on strategic goals. Common metrics include financial indicators (revenue growth, profit margin), customer satisfaction, market share, and return on investment (ROI) for strategic initiatives.

Absolutely. Business strategy is not limited to large corporations. Small businesses can benefit greatly from having a clear plan that guides their decisions and actions, helping them compete effectively in their market.

Without a clear strategy, a business may lack direction, struggle to adapt to changing market conditions, waste resources on initiatives that don't align with goals, and miss opportunities to differentiate from competitors.