Antichi Pellettieri posts higher revenues
Italian leathergoods company Antichi Pellettieri—a subsidiary of the Mariella Burani Fashion Group (MBFG) —has reported a substantial increase in revenues for the first quarter, ended March 31.
Consolidated revenues increased 34.6% to €56.5 million on an organic basis (€77.4 million, +84.4% on a pro-forma basis) from the €41.9 million generated in Q1 2005, driven by the group’s principal leather goods handbag and accessory brands Braccialini and Francesco Biasia, and its luxury footwear brand, Baldinini.