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An announcement from CSP International Fashion Group S.p.A. ( (IT:CSP) ) is now available.
CSP International’s French subsidiary, CSP Paris, has signed a letter of intent to acquire V2D Création SAS, a French company specializing in corsetry, to enhance its market presence and product offerings in France. This acquisition is expected to increase CSP Paris’s market share in the French corsetry sector to over 11%, making it the third-largest player in the market, and aims to improve the profitability of the CSP Group through expanded brand offerings and synergies.
More about CSP International Fashion Group S.p.A.
CSP International Fashion Group S.p.A. is a company listed on the Euronext Milan market, known for producing stockings, tights, underwear, swimwear, knitwear, and fashion items under brands such as Oroblù, Lepel, Sanpellegrino, Cagi, Perofil, Luna di Seta, Le Bourget, and Well.
YTD Price Performance: -4.40%
Average Trading Volume: 40,100
Technical Sentiment Signal: Strong Sell
Current Market Cap: €11.84M
Learn more about CSP stock on TipRanks’ Stock Analysis page.