Strong sales growth for Piquadro

12/01/2018
Italian leathergoods company Piquadro has announced revenue of €71.32 million for the nine months to December 31, an increase of 39.2% compared to the same period of the previous year.

This excellent performance was driven by strong revenue growth (+35%) from The Bridge, the brand that Piquadro acquired an 80% stake in in November 2016. The Piquadro brand saw its revenue grow 4% in the same nine-month period. 

The majority of Piquadro’s revenue comes from its domestic market. Sales in Italy increased 42.6% year on year, while European revenue was up 43.7%. There was a small drop in sales outside of Europe.