Luxury goods manufacturers are tightening their grip on the industrial chain. Prompted by an investigation in Italy into unscrupulous suppliers, Dior (LVMH) has created an in-house industrial structure, entrusted to a former EssilorLuxottica employee. Gucci (Kering) has integrated three Tuscan tanneries.
Having its own industrial arm has become a strategic issue for luxury brands, as shown by two recent news items from French luxury leaders.
Dior, the flagship house of the LVMH group, has just created its own industrial division, while Gucci, Kering’s main brand, has just acquired, via its Gucci Logistica division, all three Tuscan leather goods manufacturers, brought together within the Colonna Group, of which it already owned 51% of the shares.
In a press release,Dior has just announced the creation of a new industrial department to “sustainably reinforce” its “global production capacity ‘ and ’ensure the continuity of its know-how”.
Double recruitment
The reins will be entrusted from January 2025 to Giorgio Striano, the former CEO of Italian eyewear and optics specialist EssilorLuxottica, an expert in international industrial operations for the production of premium goods.
Discover our plans Subscribe for 1€ Become an active member of the community of luxury leaders.
To continue reading this article, subscribe or log in to your account
Featured Photo: from left to right: © Dior © Gucci
