Richemont snaps up Italian leathergoods brand
14/11/2017
The Serapian family is no longer a shareholder in the company, but reports say they will continue to fill key roles. The value of the deal has not been disclosed.
Richemont has had a relationship with Serapian since the 1970s. The Milan-based company was a leather supplier for its Cartier and Dunhill brands for a number of years.
As well as its experience and expertise with exotic skins, Serapian also manufacturers bespoke leathergoods at its atelier in Milan and at a factory on the outskirts of the city.
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