The news comes from the newspaper The nation, the main newspaper of Florence, and testifies to awave of strikes due to one of the most recent and significant crises for the luxury industry.
Il drop in demand and production volumes, in fact, convinced the leather workers Z Production ed Eurocut, supply chains Montblanc. , to demonstrate on October 12th: supported by the unions Yes Cobas in Florence and Prato, leather goods workers highlighted the professional risk that these fluctuations in production could entail; a similar demonstration had already affected this sector last April.
At the basis of this crisis there are numerous problems linked to the luxury industry, already anticipated and described by the president of the group Richemont, Johann Rupert, and the CEO of Mayhoola, Rachid Mohamed Rachid.
The concerns expressed by the big names in the luxury scene are echoes of the calculations and forecasts provided by analysts, who outline a normalization of production volumes for luxury: an abrupt, unexpected stop, but which, above all, interrupts the dynamism of a supply chain perpetually in action; the impact of this phenomenon could be lethal not only for workers, but also for the flexibility of supply chains and for company margins.
