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Digital Magics enters ProfumeriaWeb and flies to Piazza Affari

The Digital Magics certified incubator enters the ProfumeriaWeb startup with 5% (and the possibility of rising up to 13%) – The title gains over 5% in Milan.

Digital Magics enters ProfumeriaWeb and flies to Piazza Affari

The venture incubator Digital Magics enters the startup ProfumeriaWeb and fly to Piazza Affari, where the title earns over 5% browsing at 6,185 euros. 

The certified incubator has entered the share capital of ProfumeriaWeb by purchasing a 5% stake from the founders and will have the possibility of rising up to 13%, based on the results achieved. Digital Magics is supporting the startup with its consultancy and acceleration services, for the business development of the company.

PerfumeryWeb closed 2014 with a turnover of 1,3 million euros and expects to close 2015 with a strong growth in turnover, confirming the good performance recorded in recent years both in terms of growth and in terms of business profitability, having already made a profit in the last 3 years.

"I am very happy with Digital Magics' decision to support ProfumeriaWeb: the online sales potential of this sector is enormous and I am convinced that the incubator's skills will help the company to develop further", he declares Vincenzo Cioffi, Founder and CEO of ProfumeriaWeb.

“Digital Magics – he said Antonello Carlucci, Partner of Digital Magics – will support the business development of the startup with the aim of consolidating its presence on the Italian and international market, also offering innovation opportunities for companies in the beauty sector, active on traditional channels".

 

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