Piquadro

What Piquadro does

Piquadro S.p.A. is an Italian publicly traded luxury leather goods and luggage company founded in 1987 and headquartered in Gaggio Montano, in the Bologna province of Italy. The company designs, manufactures, and sells backpacks, business and travel bags, briefcases, wallets, small leather accessories, suitcases and trolleys, and a recently introduced men's sneaker line. Signature collections include the 25-year-old Blue Square line, the Corner 2.0 mobility-focused range, the PQ-Earth sustainability line, and acquired brand The Bridge (purchased 2016). The portfolio is complemented by co-branded capsules with luxury and sports partners including the Audi Revolut F1 Team (2026), Ducati, Maserati, and the Italian National Ski Team (FISI).

Products integrate functional technology features such as USB and USB-C charging ports, RFID-blocking card slots, integrated LED lights, anti-theft cable systems, water-resistant coatings, and MagSafe-compatible accessories. The company achieved Carbon Neutral certification for Scope 1 and 2 operations in fiscal year 24/25, supported by REDD+ offset partnerships in the Brazilian Amazon, and operates a personalization service ("Make it Yours") for monogramming and bespoke options.

Piquadro runs a direct-to-consumer go-to-market model through its owned e-commerce platform piquadro.com — which ships to 50+ countries with localized currencies and languages — and a network of physical retail stores, including a flagship location on Corso Matteotti in Milan featuring an F1 simulator activation. Revenue is generated through one-time retail purchases at unit prices ranging from approximately $50 for accessories to over $1,500 for premium luggage, with periodic seasonal discounting up to 40%. Reported revenue progressed from approximately $149.4M in 2022 to $180.5M in 2026, with EBITDA expanding from $24.1M to $33.8M over the same period.

Name

Piquadro

Legal name

PIQUADRO S.P.A.

Website

https://piquadro.com

Company type

Public

Founded year

1987

Operating status

Operating

Headcount range

251–500 employees

Short description

Piquadro S.p.A. is an Italian publicly traded luxury leather goods and luggage company (founded 1987) that designs and sells bags, backpacks, wallets, luggage, and sneakers through DTC e-commerce shipping to 50+ countries and flagship retail stores.

Ownership category

akta.pro rank

Product category

Luxury Leather Goods and Travel Luggage

NAICS

Jewelry, Luggage, and Leather Goods Retailers (4583), Luggage and Leather Goods Retailers (458320)

SIC

Retail-Apparel & Accessory Stores (5600)

akta.pro primary industry

Luxury Handbags & Leather Goods (CRAAAFAD)

akta.pro secondary industries

Travel Goods & Luggage Manufacturing (IMAOAHAC), Sports, Outdoor & Adventure Packs Manufacturing (Backpacks/Duffels) (IMAOAHAE), Backpacks & Travel Bags (CRAAAJAB), Luxury Small Leather Goods & Wallets (CRAKAFAC)

Keywords

• Luxury leather goods
• Business bags
• Travel luggage
• Designer backpacks
• Leather accessories

Headquarters

HQ city

Gaggio Montano

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Product Sales: Piquadro generates revenue through direct-to-consumer sales of leather goods, backpacks, bags, accessories, luggage, and footwear. Products are sold at one-time purchase prices ranging from approximately $50 to over $1,500. The company operates its own e-commerce platform and physical retail stores.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels8 records

Core offering

Piquadro designs, manufactures, and sells premium Italian leather bags, backpacks, business and travel luggage, wallets, and accessories. Products are sold primarily through the company's own direct-to-consumer e-commerce platform piquadro.com and flagship physical retail stores, with prices ranging from approximately $50 for small accessories to over $1,500 for premium luggage. The portfolio is supported by integrated technology features (USB/RFID/LED/MagSafe), the iconic Blue Square design language, and customization services.

Product overview

Piquadro is an Italian luxury luggage and leather goods company offering a comprehensive portfolio of bags, backpacks, accessories, luggage, and sneakers. The product lineup centers on two core pillars: leather goods (backpacks, bags, wallets, accessories) and travel luggage (suitcases, trolleys). Core product lines include the iconic Corner 2.0 collection, the 25-year Blue Square line, and the eco-friendly PQ-Earth range. The company also offers customization services and has recently expanded into sneakers. Piquadro positions itself on Italian craftsmanship, technological innovation for mobility, and carbon neutrality (Scope 1 and 2 for fiscal year 24/25). Notable brand partnerships include collaborations with Audi Revolut F1 Team, Ducati, FISI (Italian National Ski Team), and Maserati.

Differentiator

Problem solved

Functional benefit

Brands

• Blue Square: 25th anniversary collection celebrating the iconic Blue Square line.
• Corner 2.0
• PQ-Earth
• Piquadro x Ducati
• Piquadro x Audi Revolut F1 Team
• Piquadro x FISI
• Piquadro x Maserati
• Teh Bridge
• Lancel

Products and services

• Backpacks Versatile and functional backpacks for work, travel, and everyday use, available in leather and fabric materials with padded compartments supporting laptops up to 17.3 inches. Includes anti-theft, waterproof, and roll-top variants with integrated USB/USB-C charging and LED visibility features. Priced from approximately $250 to $1,000+ for men's ranges.
• Bags Bags including briefcases, crossbody bags, messenger bags, shoulder bags, pouches, and city bags featuring Italian leather craftsmanship and design, optimized for professional and casual use. Women's bags are priced from approximately $160 to $650.
• Luggage Suitcases, trolleys, duffel bags, and garment bags for travel, including cabin luggage, checked luggage, and hard-side and fabric trolleys in various sizes and weight categories. Premium luggage items priced above $1,500.
• Accessories Leather accessories including wallets, card holders, belts, key rings, notepad holders, organizers, and diaries. Also includes tech accessories such as phone covers, wireless chargers, power banks, and SmartTracker/Connequ devices. Starting from approximately $50.
• Men's Sneakers Men's sneakers with ergonomic insoles, crafted from high-quality eco-friendly materials including leather and recycled polyester from PET bottles, featuring contemporary design and refined details.
• Corner 2.0 Collection Reinterpretation of Piquadro's iconic Corner line, suited for city and outdoor use with integrated technological supports for mobility. Includes roll-top laptop backpacks and other urban/outdoor bags.
• Blue Square Collection The 25-year-old Blue Square signature collection featuring the distinctive blue square design element, including wallets, card cases, and accessories bearing the iconic pattern.
• PQ-Earth Eco-Friendly Line Eco-friendly product line made from sustainable and recycled materials, representing Piquadro's commitment to environmental responsibility and supporting the brand's carbon neutral position.
• Modus Collection Modern, minimalist design collection featuring clean lines and contemporary aesthetics, available in various bag and backpack styles.
• Customization and Personalization Service ("Make it Yours") Personalization service allowing customers to add monograms, tags, and bespoke options to backpacks, bags, and accessories for a customized touch.
• F1 Simulator Experience at Corso Matteotti Flagship F1 Simulator available at the Corso Matteotti Flagship Store in Milan, offering customers an immersive racing experience as part of the Audi Revolut F1 Team partnership activation.

Quantifiable outcome

• Carbon neutral operations (Scope 1 and 2) achieved for fiscal year 24/25

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Four partnerships are on record, tiered flagship and core.

• Audi Revolut F1 TeamflagshipStrategic or Co-development Partner · 1 January 2026Piquadro became Official Luxury Luggage Partner of the Audi Revolut F1 Team starting in 2026. This partnership positions Piquadro's products alongside a premier Formula One team, aligning the brand with high-performance athletics and luxury positioning.
• DucaticoreStrategic or Co-development PartnerPiquadro and Ducati joined forces in an exclusive partnership celebrating shared values of performance, reliability, and Italian craftsmanship. The collaboration includes co-branded products such as roll-top laptop backpacks, sling bags, and bum bags featuring the Corner 2.0 Ducati design.
• FISI (Italian National Ski Team)coreGTM or Marketing PartnerPiquadro presented a special edition product line dedicated to the Italian National Ski Team (FISI), featuring roll-top laptop backpacks and other accessories with team branding.
• MaseraticoreStrategic or Co-development PartnerPiquadro created a limited edition collection for Maserati featuring essential and refined design, combining automotive luxury with leather goods craftsmanship.

Scale indicators2 records

Recent moves3 records

Expansion highlights5 records

Broad incumbents

• Coach (Tapestry): Coach is an accessible-luxury leather goods brand with global retail scale and a similar price band to Piquadro for handbags and small leather goods. It pressures Piquadro in flagship retail and outlet channels worldwide.
• Montblanc: Montblanc (Richemont) sells luxury small leather goods, business bags, and travel accessories alongside its writing instruments and watches. It competes with Piquadro in the executive/business professional segment at higher price points.
• Michael Kors (Capri Holdings): Michael Kors is a globally distributed accessible-luxury brand with comparable leather goods and travel accessories. It overlaps with Piquadro in jet-setter/traveler positioning and outlet distribution at similar prices.
• Samsonite: Samsonite is the global leader in luggage with a much broader portfolio spanning price points and categories. It is a comparable player in travel goods, but with mass-market positioning rather than Piquadro's accessible-luxury niche.

Direct peers

• The Bridge: The Bridge is an Italian leather goods brand owned by Piquadro since 2016, operating as a sub-brand/collection. It is the most directly comparable label in terms of craftsmanship, materials, and Italian heritage positioning.
• Bric's: Bric's is an Italian luggage and leather goods maker founded near Como, with overlapping product categories in trolleys, business bags, and travel accessories. It is the closest direct peer to Piquadro in price positioning, Italian craftsmanship, and DTC/multi-channel distribution to global travelers.
• Furla: Furla is an Italian accessible-luxury leather goods house with comparable price points to Piquadro across handbags, small leather goods, and business accessories. It competes head-to-head in flagship retail, outlet distribution, and the Italian-craftsmanship narrative.
• Mandarina Duck: Mandarina Duck is an Italian-origin brand offering bags, backpacks, and travel luggage with a similar accessible-luxury/functional positioning. It competes with Piquadro in business backpacks and travel goods, especially across European and Asian markets.
• Tumi: Tumi is a premium global travel and business goods brand (now under Samsonite) with strong overlap to Piquadro's business professional and frequent traveler segments, especially in carry-on luggage and laptop backpacks.

Emerging players

• Valextra: Valextra is a smaller Italian luxury leather goods maison with minimalist design, comparable materials, and Italian craftsmanship heritage. It is relevant as a niche/emerging competitor in the ultra-premium tier above Piquadro.

Market position

Weaknesses5 records

Competitive moat2 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/PIQUADROspa
• Facebookfacebook.com/Piquadro.IT
• LinkedInlinkedin.com/company/piquadro-spa
• Instagraminstagram.com/piquadrofficial
• TikToktiktok.com/@piquadrofficial
• Xx.com/PIQUADROFFICIAL

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Piquadro