Piquadro completes acquisition of Lancel
05/06/2018
Luxury goods group Richemont has announced it has completed the sale of French leathergoods brand Lancel to Italian leathergoods company Piquadro. The company stated that this transaction will have “no material impact” on its balance sheet, cash flow or results for the year ending March 31, 2019. In a statement, Piquadro revealed that the terms...