It represents the brand's turnover from the sales of finished goods through all of the distribution channels - retail, wholesale and e-commerce, after the deduction of returns, allowances for damaged or missing goods and any discounts allowed.
Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.
It's a measure of a company's overall profitability, i.e. how much of its sales are converting to profit. The value given is the amount of sales needed to generate one currency unit of post tax profit. Negative values mean that the company has a negative level of post tax profit. The figure is about the latest fiscal year available.
It's a key measure of success. The profit ratio measures the amount of profit generated by each single currency unit of sales. The figure is about the latest fiscal year available.
Brand doesn't have an official ecommerce
Fratelli Bovo, a historic firm founded in 1977 by Ivana e Luciano Bovo (brother and sister), was started and consolidated in Trissino, flagship of the goldsmith district of Vicenza, the world capital of jewellery.
The generational handover has started successfully by now, and the cousins Michele, Enrico and Roberto, each with different and yet complementary educational paths and skills, learnt the little secrets of goldsmithery during their childhood and today they capably lead the company with renewed energy and passion. Today, just like in the past, Fratelli Bovo pursues and consolidates its company culture, which has always aimed at the technical and stylistic innovation of its products.
Innovation and search for shapes that go beyond the changeable trends, in order to surprise with style and expert handcraftsmanship. A versatile style alternating perfect geometries and natural subjects for collections with a strong character Jewels that are never trivial and whose details enhance their high technological content and meticulous handcraftsmanship, establishing Fratelli Bovo in the main international markets.
The manufacturing techniques range from the most traditional microcasting to threedimensional sheets with laser cutting and assembling, from numerical control machines to the more recent introduction of the SLM technology.
SML technology had never been employed so far neither in goldsmithery nor by the company, which has proved a pioneer in adapting and developing it thanks to the close partnership with some of its suppliers.
It enables Fratelli Bovo to produce jewels whose shapes and weight used to be unthinkable, thus freeing the designers’ creativity from all constraints.
However, the crafstmen’s considerable skills continue to be essential for the finishing touches that turn the Fratelli Bovo jewels into valuable and unique ones, giving life to a prefect synergy between manual skills and technology.