This analysis is not a luxury fashion giant, not a premium whiskey brand, but something way more exclusive. I'm talking about The Italian Sea Group (TISG), a yacht builder that makes floating palaces for the ultrarich. COVID-19 turned out to be an unexpected catalyst: the ultra-wealthy didn’t just want to escape lockdowns, they wanted to do it aboard their own, fully customized mega yachts.
Think sailing and motor yachts, ranging from 17 to a staggering 140 meters in length. Their customers are individuals with at least $50 million in assets. They focus on semi- and fully custom-built megayachts and are the only publicly traded giga yacht (100m+) builder in the world.
The company has an impressive growth story, but is it built on solid foundations, or is it just riding a luxury 'wave'? That’s what I’ll explore in this analysis
Step on board and take a closer look at this luxury yacht builder. ⚓