BREAKING NEWS – 12.06.2023

In the press release of June 9, 2023, Deodato.Gallery SpA, a Company operating in the contemporary art market, with a main focus on the street art and pop art segment, at the head of a group of companies that manage several art galleries, announced the start of an ongoing and project-based collaboration with Camera Buyer Italia (CBI), aimed at providing a series of additional services and activities to the various national and international wholesalers that make up the CBI network. Camera Buyer Italia, the new institutional partner, is a trade association that was established to represent, protect, and bring together the most important luxury multi-brand stores nationwide. Thanks to more than twenty years of experience in the sector, CBI has privileged contacts with the brands involved, being recognized, as a point of reference for all initiatives aimed at enhancing and promoting the world of Italian fashion and luxury, organized both in Italy and abroad. Through this agreement, Deodato.Gallery strengthens its position in the art-related services market, offering CBI members a series of tailor-made products and consulting services in order to achieve a virtuous integration between fashion and the art world. The activation of this new strategic partnership reinforces our positive view on security. For this reason, we confirm our estimates: target price € 1.70, BUY rating and MEDIUM risk.

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