Street Calls of the Week
MILAN - GXO Logistics, Inc. (NYSE:GXO) has renewed its long-term partnership with Dolce&Gabbana Beauty to manage the luxury brand’s new dedicated warehouse in Italy, according to a press release statement.
The agreement covers management of the approximately 25,000 square meter facility, which will handle retail and wholesale orders for global distribution, returns processing, and various value-added services. The company’s stock has shown strong momentum, gaining over 62% in the past six months, according to InvestingPro data.
GXO’s team will provide comprehensive warehouse management services for beauty products, leveraging the company’s experience in the luxury sector to ensure high-quality service for shipments within Italy and internationally.
The facility incorporates several sustainability features, including 100% LED lighting, energy class A2/A3 building standards, solar panels, and green areas surrounding the warehouse.
"We’re very proud to support Italian excellence and Made in Italy brands, like Dolce&Gabbana Beauty, enhancing the local supply chain and contributing to the growth of local businesses," said Alessandro Renzo, Managing Director for Italy and Switzerland at GXO.
Gianluca Toniolo, CEO of Dolce&Gabbana Beauty, described GXO as "a fundamental partner for our development strategies," noting that both companies share "a strong commitment to human capital and Italian identity."
GXO currently operates more than 60 sites dedicated to the fashion and beauty industry across Europe. The company provides logistics services to numerous beauty brands, focusing on ensuring product handling that aligns with the premium nature of the brands it serves.
In other recent news, GXO Logistics reported its second-quarter 2025 earnings, surpassing Wall Street expectations with an adjusted earnings per share (EPS) of $0.57, compared to the forecasted $0.55. The company also achieved record revenue of $3.3 billion, exceeding predictions by $210 million. Additionally, UBS raised its price target for GXO Logistics to $63.00 from $58.00, maintaining a Buy rating due to a steady growth outlook. The firm anticipates mid-single-digit organic revenue growth in the third quarter, driven by stable same-store volumes and new contract business. In another development, Goldman Sachs upgraded GXO Logistics from Neutral to Buy, increasing its price target to $68.00 from $52.00. Goldman Sachs cited an improved organic growth outlook for the company following a period of underperformance relative to its targets. These recent developments reflect a positive trajectory for GXO Logistics, as seen in the earnings and analyst upgrades.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.