Satellite, founded in 1987, is today the market leader in high-end ethnic jewelry. The capital was reorganized when Paul-Henri Duillet arrived and the desire to involve the executives of the Group. This transition will ensure the sustainability of the activity and its international deployment.
Today omnichannel, the brand has diversified its distribution channels and has around fifteen branches, in France and Italy, as well as an e-commerce site. Through French and foreign resellers, the Group is present in more than 300 stores and generates nearly 30% of its turnover from exports. He also knew how to build a strong strategic partnership with a Chinese distributor.
Supported by export and store openings abroad, Satellite has recorded regular growth of 10% per year since 2015, reaching sales close to € 9 million in 2019.
Paul-Henri Duillet, the new Managing Director of Satellite, displays his desire to develop the business based on the achievements of the past thirty years. He will also bring all his experience in luxury and distribution networks, acquired in particular within the framework of the exercise of managerial functions within the L’Oréal and Parfums Christian Dior Groups.