World Footwear

Companies

Burberry's new strategic investment

May 18, 2018 United Kingdom
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 Events

  • Jul
    9
    Jul 9-Jul 9, 2024 | London, United Kingdom

    Lineapelle London

Related Organizations

  • Art and Design (University of Northampton)

    Art and Design (University of Northampton)

    United Kingdom
  • Leather Conservation Centre

    Leather Conservation Centre

    United Kingdom
  • IULTCS - International Union of Leather Technologists and Chemists Society

    IULTCS - International Union of Leather Technologists and Chemists Society

    United Kingdom
  • Intertek

    Intertek

    United Kingdom