Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
CSP International Fashion Group S.p.A. ( (IT:CSP) ) just unveiled an announcement.
CSP International’s French subsidiary, CSP Paris, has signed a preliminary contract to acquire V2D Création SAS, a company in the French corsetry sector. This acquisition aims to enhance CSP Paris’s market share in the French lingerie sector from 8.5% to over 11%, solidifying its position as the third-largest player in the market. The deal, valued at approximately 3.25 million euros, is expected to close by January 2026 and will be financed through medium/long-term credit lines.
More about CSP International Fashion Group S.p.A.
CSP International Fashion Group S.p.A. operates in the fashion industry, focusing on hosiery and lingerie products. The company is known for its brands such as Well lingerie and Le Bourget bodywear, and it aims to expand its market presence in the French mass distribution channel.
YTD Price Performance: -5.35%
Average Trading Volume: 52,498
Technical Sentiment Signal: Strong Sell
Current Market Cap: €11.76M
Find detailed analytics on CSP stock on TipRanks’ Stock Analysis page.