We inform you that on this website we use our own and third-party cookies to collect information about its use, improve our services and, where appropriate, display advertising by analyzing your browsing habits. You can expressly accept its use by pressing the "ACCEPT" button or configure and select the cookies you want to accept or reject in the settings. You can also get more information about our cookie policy here.

The global fashion business journal

Oct 1, 20202:13pm

Gucci shuts down six factories in Italy

The company owned by the French holding Kering has closed its productions sites until March 20 because of the coronavirus.

Mar 12, 2020 — 6:03pm
MDS
Save

Gucci shuts down six factories Italy

 

 

Gucci closes because of the Coronavirus. The luxury brand owned by the French holding Kering has closed its six production sites in Italy over the coronavirus crisis. Gucci’s factories that are in Tuscany and Marche will remain closed at least until March 20, according to WWD.

 

In Italy, the government has announced on last Monday the isolation of the country after the number of people contaminated tallied to 12,435 and killed 827 people. In the country, all activities have peen permanently immobilized and shuttered until April 3 and Gucci has made the decision “as a further precautionary measure to protect the health and safety of our communities.”  

 

However, Gucci has assured that it will continue to maintain “essential activities to guarantee continuity in our current and future business operations.” The company has called for calm and stressed that the “temporary closure will therefore not affect the supply of our products to our customers.” “The company is constantly monitoring the situation in order to quickly react and implement further measures,” the group added.

 

In Italy, 600 stores remain closed under the order of the Italian government. Fashion generated sales worth 90 billion euros ($101.7 billion) last year in Italy, 5% of the Gross Domestic Product (GDP) of the third largest European economy, according to data from the Camera Nazionale della Moda Italiana.

Advertising
Participation rules

info@themds.com

 

Validation policy for comments: 

 
MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
 
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment
...