Burberry's new strategic investment
The London-based global luxury brand Burberry announced it has entered into an agreement to acquire a luxury leather-goods business from longstanding Italian partner CF&P
CF&P employees, including the team of expert craftsmen who have worked closely with Burberry for more than a decade, will transfer to the company on completion of the transaction, expected later this year.
Marco Gobbetti, Chief Executive Officer, commented: “This acquisition is a major milestone for us and a statement of our ambition in this strategically important category. It will create a centre of excellence for Burberry’s leather goods, covering all activities from prototyping, product innovation, engineering and the coordination of production. This will give us greater control over quality, cost, delivery and sustainability of our leather goods.”
Related news
Related Events
Related Organizations
-
-
Footwear Consumer 2030
A study reflecting on the main global consumer trends and the key changes for the footwear industry.
-
World Footwear Public Calendar
Click here to subscribe an updated version of the calendar displaying the footwear trade shows.
-
-
Media Partners
Media Partners
-
Shoes Report
UNIT Publishing House
Schuhkurier
Revista del Calzado