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Luxury

Richemont sells Lancel

June 4, 2018

By News Team

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Richemont, the Swiss luxury goods group, announces that it has completed the sale of its wholly-owned subsidiary, Lancel, a French luxury leather goods company, on 2 June 2018 to Piquadro S.p.A., an Italian leather goods group listed on the Milan Stock Exchange.  The transaction will have no material impact on…

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