Lardini prepares to go public
After ending 2019 with an income of 94 million euros (104 million dollars), the Italian men’s fashion company hopes to make its public debut on this year’s first quarter.
Lardini prepares to enter the stock market. It will make iin the Italian trading market on this year’s first quarter, as Pambianconews say. The company ended 2019 with an income of 94 million euros (104 million dollars) up 11.5% from the year before. Andrea Lardini, current CEO and company’s director, ensures that the process “is aligned with the forecast”.
For 2020, Lardini is focused on the consolidation of the digital strategy and the expansion to other markets. The company is getting in Tmall and opening more stores in Spain.
Lardini was born with a menswear collection in 1993. The company produces 2,000 garments in Filottrano and the 70% of its production is exported and distributed through 550 multibrand stores in Europe, United States and Asia.
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