Modest growth across brands for Piquadro
Italian leathergoods group Piquadro reported consolidated revenue of €183.6 million for the 2024/25 financial year, an increase of 1.9% compared to the previous year.
Of the group’s three brands, Maison Lancel recorded the highest growth, with revenue rising 6.5% to €68.8 million. The Bridge generated €35.1 million, up 2.9%, while the Piquadro brand declined by 2.3% to €79.6 million.
Domestic sales in Italy accounted for €84.3 million, representing 45.9% of total revenue. Revenue from other European markets reached €93.4 million, up 7.4% year-on-year and making up 50.9% of the total. Sales outside Europe totalled €5.9 million.
For the fourth quarter ending March 31, 2025, Piquadro reported revenue of €49 million, a year-on-year increase of 0.4%.
image - Lancel