CANALI in trouble?

The problem is not the absence of a strategic plan at CANALI (an eyewear license agreement has just been signed), but the narrowing of the formal male clothing market, which has forced heavy staff cuts. There will be the closure of the Carate Brianza production site, with the dismissal of 134 people. The layoffs were confirmed October 17th during a meeting with trade unions from the company’s CEO.

Canali archived 2016 at 216 million, against 222 million in the previous year, and that in the current year with sales contractions. Canali’s hard line, which said “no” in response to the demands of trade union representatives, who proposed the retirement of redundancies and the evaluation of alternative solutions, led the company’s workers to cross their arms, proclaiming a strike of eight hours.

Although not officially commenting on the size of the cuts, CANALI maintains its position: production must be scaled down, taking into account the smaller global market demand. “Staff Reduction at the Carate Brianza plant is determined by the contraction of the formal wear market that occurred in 2009 and has become structural.’ The company, which in Italy has about one thousand employees produces more than its orders. The same situation is experienced by other brands active in the male formal clothing segment, many resorting to restructuring.

CANALI 2017

The problem is not the absence of a strategic plan (an eyewear license agreement has just been signed), but the narrowing of the formal male clothing market, which has forced heavy staff cuts. There will be the closure of the Carate Brianza production site, with the dismissal of 134 people.   The layoffs were confirmed yesterday (October 17th) during a meeting with trade unions from the company's cda, which filed 2016 at 2016 million, against 222 million in the previous year, and that in the current year sales contraction.   Canali's hard line, which said "no" in response to the demands of trade union representatives, who proposed the retirement of redundancies and the evaluation of alternative solutions, led the company's workers to cross their arms, proclaiming today a strike of eight hours.

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