
Tous refines its US expansion strategy to increase brand awareness
Spanish jewelry brand Tous is establishing a presence in the U.S. with a unique strategy that includes a tight product assortment and a limited physical footprint. The 104-year-old jewelry brand, known for its playful bear motif and accessible fine jewelry, reported record-breaking revenue of $570 million for its fiscal year ending in March 2024, a 9.4% increase from the previous year. Its EBITDA rose 6.4% year-over-year to $124 million, while its net profit dipped slightly to $49 million. In pa...