Heritage Glove Atelier

About the business

One of Lisbon's last remaining heritage glove ateliers. The business hand crafts leather gloves using traditional Portuguese techniques, selling through its boutique and a growing direct-to-consumer online channel that now accounts for 30% of revenue. Revenue is modest but margins are exceptional — the craft commands a premium that reflects its rarity. The brand has been featured in international press and counts luxury hotels among its wholesale clients. The current owner — second generation — has run the atelier for 28 years and is approaching retirement.

Highlights

• 60+ year brand with genuine heritage and international press recognition
• Exceptional margins driven by premium craft pricing and low raw material costs
• Growing DTC online channel — 30% of revenue and rising
• Wholesale relationships with Lisbon and Porto luxury hotels and concept stores
• Irreplaceable Chiado address with long-term lease in place

Best for

Full financials