Business
Posted: 1 year ago

Georgian Gepherrini is Preparing to Enter the Canadian Market

Gepherrini is preparing to enter the Canadian market. The founder of the company, Ilia Gepheridze, says that the contract has already been signed, and the first batch will be sent at the beginning of the year.

According to him, in 2022, Gepherrini became quite active in the direction of export. Among them, a 4-year contract was signed with China, which involves sales on the online platform Tmall.

The leather accessories company ended 2022 with a 23% growth. Nevertheless, the war between Russia and Ukraine and the pandemic did not allow the company to fully implement the planned investment project.

It is about launching a women's clothing line. "There were sales, which means that the customer is interested. This is a long-term project and it takes time. We do not expect great results in the short term," says Gepheridze.

Founded in 2014, Gepherrini manufactures bracelets, travel bags, leather belts and wallets in addition to women's, men's and children's bags. The company currently has production in Nadzaladevi district, on Mechanization Street.