Piquadro is an Italian leather goods company specializing in business and travel items in Italy and internationally. The company offers products ranging from men's and women's professional bags to luggage and small leather items. As of April 2010, it distributed its products through approximately 1500 points of sale. Piquadro has received a number of patents in recognition of its technical and functional innovations.

Corporate history

The company was founded in 1987 by Marco Palmieri, In 1998, the Piquadro brand was launched its name meaning P squared with the P standing for both, Palmieri (the founder) and pelletterie (leather goods). The first Piquadro single branded store was opened in

Milan Milan ( , , Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 million, while its metropolitan city h ...

via della Spiga Via della Spiga (; literally "Alley of the Ear") is one of the Italian city of Milan's top shopping streets, forming the north-east boundary of the luxurious '' Quadrilatero della Moda'' (literally, "fashion quadrilateral"), along with Via Monte ...

in 2000 and it was followed by

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via Frattina two year later. In 2004, the company began an internationalization campaign including investments and the opening of new stores abroad in

Moscow Moscow ( , US chiefly ; rus, links=no, Москва, r=Moskva, p=mɐskˈva, a=Москва.ogg) is the capital and largest city of Russia. The city stands on the Moskva River in Central Russia, with a population estimated at 13.0 millio ...

and

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. In the following years, more shops were inaugurated in

Salzburg Salzburg (, ; literally "Salt-Castle"; bar, Soizbuag, label= Austro-Bavarian) is the fourth-largest city in Austria. In 2020, it had a population of 156,872. The town is on the site of the Roman settlement of ''Iuvavum''. Salzburg was founded ...

Frankfurt Frankfurt, officially Frankfurt am Main (; Hessian: , " Frank ford on the Main"), is the most populous city in the German state of Hesse. Its 791,000 inhabitants as of 2022 make it the fifth-most populous city in Germany. Located on it ...

Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta i ...

, until the most recent openings in the

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Shanghai Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowin ...

Beijing } Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...

, and

Taipei Taipei (), officially Taipei City, is the capital and a special municipality of the Republic of China (Taiwan). Located in Northern Taiwan, Taipei City is an enclave of the municipality of New Taipei City that sits about southwest of the ...

. In 2006, the new headquarters were inaugurated in Gaggio Montano, on the road that takes from

Bologna Bologna (, , ; egl, label=Emilian language, Emilian, Bulåggna ; lat, Bononia) is the capital and largest city of the Emilia-Romagna region in Northern Italy. It is the seventh most populous city in Italy with about 400,000 inhabitants and 1 ...

to Pistoia in Tuscany. In October 2007, Piquadro was listed on the Italian stock exchange ( Borsa Italiana). In 2010, the company sells through an International distribution network which includes 82 Piquadro single branded shops, of which 48 are located in Italy. The consolidated turnover of the Group at March 2010 was 52,2 million euros with a 1% increase compared to the previous year and a 22,1% average increase in the 6 previous years.

Ownership structure

* Marco Palmieri — 67% * Fil Limited — 6.9% *

Mediobanca Mediobanca is an Italian investment bank founded in 1946 at the initiative of Raffaele Mattioli (at that time CEO of Banca Commerciale Italiana, the largest commercial bank in Italy which promoted its incorporation together with Credito Italiano) ...

— 6.3% * Mercato — 19.7% Source: Consob, April 14, 2010Consob Website
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References

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External links

Piquadro Official websiteYahoo stock profileFT stock profilePiquadro's year net profit rises, shares up
Leather manufacturers Design companies of Italy Companies based in the Metropolitan City of Bologna Italian companies established in 1987 Manufacturing companies established in 1987 Design companies established in 1987 High fashion brands Luggage manufacturers Luggage brands Fashion accessory brands Bags (fashion)

Corporate history

Ownership structure

See also

References

External links