Leather goods specialist ‘Le Tanneur’ plans to increases its capital by €2.8 million through the sale of new shares at €1 apiece. These shares will be on sale between the 10th and the 24th of June.

The operation has the aim of “preparing a reorganisation of its bank debt”.

Another objective revealed by ‘Le Tanneur’ is “the acquisition of new stores both in France and abroad”. The company is staying particularly attentive for the opening of development opportunities which may present themselves during this period of global economic uncertainty.

By Jonathan Fulwell (Source: Emilie Kremer)