Kering and Italian unions reach Alexander McQueen deal
Trade unions reached an agreement with Kering to ensure any job cuts at Alexander McQueen production sites in Italy remain voluntary and incentivized. The deal follows a recent strike over 54 planned layoffs and has received unanimous approval from the brand's workforce.
Insights:
Italy trade unions reached an agreement with Kering on June 4 to replace 54 planned unilateral layoffs at Alexander McQueen with voluntary, incentivized exits. The deal follows a May 20 strike across the France luxury group's Italian operations over strategic uncertainty. The agreement aims to resolve a dispute over job cuts at the British luxury label.
