Business
Posted: 1 year ago

Gepherrini Ends 2022 with an Increase of 23%

The leather accessories company Gepherrini is performing with 23% growth in 2022.

As the founder of the company, Ilia Gepheridze, told "Business Partner", the current year was a relatively unstable year due to Russia-Ukraine and the pandemic, which did not allow the company to fully implement the planned investment project, namely, launching a women's clothing line.

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

"There were sales, which means that the customers are interested. This is a long-term project and it takes time. We do not expect great results in the short term," says Geferidze.

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.