(Alliance News) - Piquadro Spa reported Tuesday that it ended fiscal year 2023-2024 with revenues of EUR180.3 million, up 2.7 percent from EUR175.6 million in the previous year.

The Piquadro brand posted a 6.9 percent increase to EUR81.5 million, with sales of the wholesale and DOS danals both on the rise; The Bridge posted a 10 percent increase in revenues to EUR34.1 million; and Maison Lancel saw revenues drop 5.4 percent to EUR64.7 million.

Geographically, the Italian market weighs 47.8 percent in Piquadro's revenues, up from 45.9 percent a year earlier, while the European market, which weighs 48.3 percent, saw a slight drop in weight in the total from 50.7 percent a year earlier.

Piquadro's stock is up 0.3 percent at EUR1.83 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

Copyright 2024 Alliance News IS Italian Service Ltd. All rights reserved.