Eli, the company that manages the footwear of the Italian apparel brand Liu Jo, expects to close 2020 with sales of €44 million, up more than 30 percent from 2019, according to Fashionmagazine.it.

The company, which opened a new showroom in Milan in September, benefited from a more than 30 percent rise in order intake for the summer/spring 2021 season. 

Eli was created by by Marco Marchi, the manager of Liu Jo, and Maurizio Croceri, who runs the joint venture. Eli achieves 60 percent of its revenues outside Italy.