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PQ Piquadro SpA

2.06
0.00 (0.00%)
01 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Piquadro SpA BIT:PQ Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.06 2.06 2.09 2.06 2.06 2.06 17 16:40:00

Richemont Sells Leather-Goods Brand Lancel to Piquadro

04/06/2018 7:10am

Dow Jones News


Piquadro (BIT:PQ)
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   By Max Bernhard 
 

Compagnie Financiere Richemont SA (CFR.EB) said Monday that it has sold its French leather-goods subsidiary Lancel to Italian company Piquadro SpA (PQ.MI), which makes high-end brief cases and leather bags.

The Swiss luxury-goods conglomerate said the deal will have no material impact on its balance sheet, cash flow or results for the fiscal year ending March 2019.

It didn't disclose any financial details of the deal.

 

Write to Max Bernhard at max.bernhard@dowjones.com; @mxbernhard

 

(END) Dow Jones Newswires

June 04, 2018 01:55 ET (05:55 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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