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...

BusinessFeatured

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...

Business

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...

Business

Piquadro acquires The Bridge

Italian briefcase maker Piquadro has bought an 80 percent stake in Il Ponte Pelletteria, the Florentine leather goods company which owns The Bridge brand for 3.17 million euros. As part of the deal the two companies, both Piquadro and Il Ponte Pelletteria will have the option to acquire the remaining 20 percent in 2021 and then in 2023. Il Ponte...

Business |REPORT

Piquadro reports revenue growth of 2.6 percent in H1

For the half-year at September 30, 2015, the Piquadro Group reported consolidated revenue of 33.18 million euros (35.22 million dollars), up 2.6 percent compared to 32.34 million euros (34.33 million dollars) for the same period of the previous year. The company has attributed the increase in sales to the good performance of its wholesale...

Design

Piquadro welcomed to Regent Street

Italian luxury leather goods company Piquadro enjoyed the opening of its first UK flagship store in London, on 67 Regent Street, following shortly after the opening of the Karl Lagerfeld store last week. Its debut flagship store in London was designed by architect Karim Azzabi and features an in-store video wall which can be activated by mobile...

Design

Piquadro to open first store in London

After overseeing a successful retail expansion in China, Italian luxury leather goods company Piquadro is set to open its debut stand alone store in the UK. Piquadro will join a host of other global retails when it opens its first UK store in the heart of London. The Italian brand is taking over a former Toni & Guy salon, on 67 Regent Street,...