Pentland forms a joint venture with Lacoste

2018-01-15T00:00:00

With annual sales estimated of around €200 million at the wholesale level, representing about 10 percent of Lacoste's total wholesale-equivalent turnover, Pentland Brands and Lacoste have decided to transform their 26-year-old licensing agreement for Lacoste footwear into a capital and profit-sharing joint venture.

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