The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
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Callegari: 15 US Stores Will Generate $50M Revenue in Five Years
“15 locations provide us a scale that allow us to build the next five years a fifty million revenues business.”
Callegari Predicts $100M Acquisition at Just $20M in Revenue
“Already when we are in the range of 20 to twenty-five million, we are already the perfect target for luxury conglomerates, and I think the value is going to be in excess of one hundred million based on comparable transaction.”
Callegari: 95% of New Shareholder Value Will Come From the US
“No, what we believe is that 95% of the shareholder value we're going to generate in the next year will come from the US.”
US Revenue Hit 25% of Italy's 8-Year Total in First Year
“I mean, in less than one year, I'm making more than 25% of all the revenues that I'm generating in Italy in eight years.”
Yin Passes on Capital-Intensive $10M Retail Expansion Plan
“At sort of this ten million plan, it feels too much. Because I do think actually in this day and age, having other companies who have done it, you can Open these stores in a less dilutive way. So for that reason, I'm out.”
Zises: Barberino's Should Fund Expansion Via Profits, Not Venture Capital
“I'm not quite sure venture capital is the best capital for this business. I think slower and steady growth just funded by the EBITDA, the profit from the Italy business to expand into the US might be a better approach.”
McAndrew: Beauty's Capped Upside Rarely Fits Venture Capital Returns
“And with beauty, that's rarely the right path to go. And so what you're talking about with building the business up into the tens of millions of revenue, and then getting it acquired in the hundreds of millions of revenue, I think that that is achievable. I th…”
Hudson: Luxury Brands Need Minimum Floor for Retail Partners
“There's probably like a lower floor on the places this brand can show up and still command the price point and the mental position that you're meant to.”
Callegari Pitches $7.5M Valuation on $1.5M in US Revenue
“With 1.5 million dollar revenues, We are targeting a 7.5 pre money valuation.”
Callegari: Reaching $50M in Revenue Requires $13M to $15M in Funding
“In order to get to fifty million, we believe that we need between 13 to fifteen million in funding, and we believe we can get up to four to five million in debt because of the stores.”
Art of Shaving Founder Eric Malka Takes 10% Stake in US Entity
“They invested 300,000 on the Italian company. But then I wanted to make a bold move, and I gave him 10% shares as a strategic partner, advisory shares in the U.S. Company, because I wanted him to have the skin in the game, and I thought that less than 10% woul…”
Callegari: Italian Parent Company Owns 90% of US Entity
“No, it's a new entity owned 90% by the Italian company, 10% by strategic brand investment.”
Callegari: Barberino's Hit Nearly €5M Revenue in Italy in 2024
“In 24, in Italy, with almost five million in revenues, more than 100,000 loyal customers, and 45 SKU distributed across 120 locations, our mission is very simple.”
Callegari: Barberino's NYC Store Hit $1.5M Revenue in First Year
“Early last year, we opened up our first store in New York City at Five 20 Madison Avenue. We broke even in six months. And we are now at 1.5 million revenues in less than one year.”
Callegari: Barberino's Is Launching in Nordstrom in Q2 2025
“And by the way, we are onboarding on Nordstrom, so ideally we're going to be there in the second quarter of 25.”
Callegari: Recurring Customers Drive 75% of Italy Revenue
“75% of our revenues in Italy are generated by the current customer.”