Home LifestyleFashion The Gucci Strike

Around 40 artisans from Gucci’s design studio staged their first-ever strike on Monday, protesting against the planned relocation of a significant portion of the team from Rome to Milan.

Gucci, the Italian luxury brand owned by the French group Kering, announced in October that it would move 153 of its 219 design employees from the capital to Milan. The protesting artisans argue that this move is essentially a disguised mass redundancy.

Demonstrators outside one of the Rome offices held banners with messages like “Gucci cuts but doesn’t sew” and “At Gucci, redundancy is fashionable.” Chiara Giannotti, a union representative for the brand, highlighted the significance of the strike, stating that the style office is the heart of Gucci, where designers and couturiers work, and where all collections are born.

This strike follows the participation of over 50 Gucci artisans in a national strike organized by Italy’s largest trade unions last week. Giannotti accuses Kering of wanting to use this restructuring to reduce staff numbers and force out employees who may not find the new conditions satisfactory or cannot relocate due to family commitments in Rome.

Gucci responded to the protests, stating that the move “does not envisage any reduction in personnel and will be implemented in full compliance with current regulations.” The company also claimed to have provided “a series of economic and support measures” for the affected staff.

While 153 employees are set to be transferred to Milan by March, the fate of the remaining 66 artisans staying in Rome is uncertain, according to the unions. Giannotti stressed the unions’ demand for equal conditions for all during the transfer to Milan, or relocation to other Kering companies in Rome or Florence.

This strike comes in the wake of Gucci’s change in artistic direction in January, with Sabato De Sarno taking over from Alessandro Michele, who had damaged the label with eccentric, gender-fluid designs and unconventional shows over seven years.

Shayne Heffernan

You may also like


Your Trusted Source for Capital Markets & Related News

© 2024 LiveTradingNews.com – For The Traders, By The Traders – All Right Reserved.

The information contained on this website shall not be construed as (i) an offer to purchase or sell, or the solicitation of an offer to purchase or sell, any securities or services, (ii) investment, legal, business or tax advice or an offer to provide such advice, or (iii) a basis for making any investment decision. An offering may only be made upon a qualified investor’s receipt not via this website of formal materials from the Knightsbridge an offering memorandum and subscription documentation (“offering materials”). In the case of any inconsistency between the information on this website and any such offering materials, the offering materials shall control. Securities shall not be offered or sold in any jurisdiction in which such offer or sale would be unlawful unless the requirements of the applicable laws of such jurisdiction have been satisfied. Any decision to invest in securities must be based solely upon the information set forth in the applicable offering materials, which should be read carefully by qualified investors prior to investing. An investment with Knightsbridge is not suitable or desirable for all investors; investors may lose all or a portion of the capital invested. Investors may be required to bear the financial risks of an investment for an indefinite period of time. Qualified investors are urged to consult with their own legal, financial and tax advisors before making any investment. Knightsbridge is a private investment firm that offers investment services to Qualified Investors, Members and Institutions ONLY. Qualified Investors are defined as individuals who have met those Qualifications in the relevant jurisdictions. Members are defined as individuals who have been accepted into the Knightsbridge membership program. Institutions are defined as entities such as banks, pension funds, and hedge funds. If you are not a Qualified Investor, Member or Institution, you are not eligible to invest with Knightsbridge. All investments involve risk, and there is no guarantee of profit. You may lose some or all of your investment. Past performance is not indicative of future results. Knightsbridge is not a registered investment advisor, and this disclaimer should not be construed as investment advice. Please consult with a qualified financial advisor before making any investment decisions. By accessing this website, you agree to the terms of this disclaimer. Thank you for your interest in Knightsbridge.