June 17 - Piquadro continues with its international openings and, after the opening of its first flagship store in China, the Bologna brand landed in Malaysia, the Suria Shopping Center, inside the huge complex of the Twin Towers in Kuala Lumpur. The new store operated by the Malaysian distributor has an area of 53 square meters with interiors inspired by Karim Azzabi, responsible for the design of all Piquadro stores as well as the futuristic headquarters in the province of Bologna. "The opening of our first store in Malaysia is both a great pleasure and a great challenge," commented Marco Palmieri, President and CEO. "The extraordinary location in which we brought our brand demonstrates the effectiveness of our internationalization strategy, but we are well aware of the more efforts that still need to be done to consolidate our presence and perform well." 

THE COMPANY
Piquadro is an Italian brand of professional leather goods and travel. The company's origins date back to 1987, with Marco Palmieri, today President and CEO. The headquarters are in Gaggio Montano (near Bologna), where are all phases of design (engineering, planning, purchasing, quality control, logistics, marketing, communication and distribution) take place. The consolidated turnover for 2014-2015 ended on March 31, 2015, and amounted to €67.2 million, for a 6.6% increase over the previous year. Piquadro sells its products in over 50 countries worldwide through a distribution network that includes 102 boutiques (51 directly-operated stores and 51 franchised). Since October 2007, Piquadro is listed on the Italian Stock Exchange.