Richemont snaps up Italian leathergoods brand
14/11/2017
Luxury group Richemont has confirmed the acquisition of leathergoods brand Serapian. It purchased a 100% stake in the Italian company in August. 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...