Piquadro news and archive

Piquadro posts increase in H1 turnover

Leather good company Piquadro S.p.A., having Piquadro, Bridge, and Lancel brands under its portfolio, recorded turnover of 85.9 million euros, an increase of 7.1 percent or 8.1 percent at constant exchange, in the first half period of this fiscal year. Piquadro’s H1 results across brands The company said in a statement that Piquadro brand...

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Richemont completes sale of Lancel to Piquadro

Compagnie Financière Richemont SA has said in a media statement that it has completed the sale of its wholly-owned subsidiary, Lancel, a French luxury leather goods company, on June 2, 2018 to Piquadro S.p.A., an Italian leather goods group listed on the Milan Stock Exchange. The company added that this transaction will have no material impact...

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Richemont to sell Lancel to Piquadro

London - Luxury conglomerate Compagnie Financiere Richemont SA is currently in exclusive talks to sell struggling French label Lancel to high-end leather goods company Piquadro SpA. The Italian company confirmed that it had entered into exclusive negotiations with Richemont to acquire Lancel on Tuesday, issuing a statement to the Milan stock...