The Piquadro brand alone was up by 12.1% (13.5% at constant exchange rates) over the same period of 2022 to €39.5 million. The brand’s wholesale channel was up by 17.5% year-on-year while directly operated stores (DOS) were up by 8%.
The Bridge brand was up by 11% to €16.6 million with a wholesale increase of 8% and growth for the DOS channel of 24.6%. The Maison Lancel brand, meanwhile, was down by 0.7% to €29.8 million in sales (up by 0.8% at constant exchange rates).
In the company’s home market of Italy, revenues for the first half of the year were up by 12.3% to €41.8 million and made up 48.6% of total turnover. In Europe, sales were down by 0.6% to €40.7 million and comprised 47.3% of the total.
In the rest of the world, the group brought in €5.3 million and recorded growth of 64.3% (73.3% at constant exchange rates). This was equal to 4.1% of consolidated sales.