ENXTPA:KERLuxury
Italian Strike Puts Kering Restructuring And Profitability Hopes To The Test
Italian unions have called a strike targeting Kering in response to a reorganization plan and layoffs at Alexander McQueen.
The action is focused on the group’s Italian operations, where many key activities in the luxury supply chain are based.
The dispute highlights tensions between Kering’s restructuring efforts and worker concerns over job security and working conditions.
The strike comes at a time when Kering, traded as ENXTPA:KER, is under close watch from investors. The share price...