Exclusive Student Offer

Prime for Young Adults

Get a 6-month trial with premium college perks & fast delivery.

Start Free Trial
Listen Anywhere

Audible Standard Trial

Get 30 days of audiobooks free. Cancel anytime, keep your books.

Claim Free Books

Another round of discussions on the situation of the Italian fashion group Aeffe SpA took place on Monday at the Italian Ministry of Enterprise and Made in Italy (Mimit). The San Giovanni in Marignano-based group of companies, which is currently undergoing a restructuring process, includes the brands Alberta Ferretti, Moschino and Pollini. The reason for the meeting is the initiation of settlement proceedings and collective dismissal proceedings.

According to a statement from Mimit, the group said during the meeting: “The company has received several non-binding expressions of interest from qualified national and international parties with proven market knowledge. Priority will be given to those that foresee the preservation of the entire production site. These are initial discussions, to which further expressions of interest could be added in the coming weeks.”

The group of companies has stated that it aims to find an investor by the end of May. It has committed to “constructive dialogue with unions” to potentially reduce the number of job cuts originally planned.

For its part, Mimit reiterated its full willingness to use all available funding instruments. The aim is to support a credible and sustainable industrial restructuring plan in the short term. At the same time, the best possible protection of jobs should be guaranteed.

The next meeting is scheduled for April 28th.

This article was created using digital tools translated.


FashionUnited uses artificial intelligence to speed up the translation of articles and improve the end result. They help us to make FashionUnited’s international reporting quickly and comprehensively accessible to a German-speaking readership. Articles translated using AI-based tools are proofread and carefully edited by our editors before they are published. If you have any questions or comments, please email [email protected]

ttn-12

Get Audible 30-Day Free Trial

As an Amazon Associate, we earn from qualifying purchases.