AGATHA
Founded in Paris in 1974 by Michel Quiniou, AGATHA is an iconic French costume jewellery brand.Company acquired in February 2021 by Renaissance and THOM Group following receivership.
- Annual losses estimated at more than €15m prior to acquisition
- Operational turnaround led by Renaissance’s team
- Reached break-even point in first year
- Stake sold to THOM Group in December 2022