Bally is closing one of its production facilities in Italy
09.12.2024 2373

Bally is closing one of its production facilities in Italy

Swiss luxury shoe and bag brand Bally is in deep crisis. A month ago, it announced a restructuring at the brand's headquarters in Switzerland and the dismissal of 65 employees. Today, the Swiss brand announced its intention to close the Bally Studio branch in Florence, Italy, writes la Conceria.

Brand owner, American investment fund Regent LP, is going to close Bally Studio, a company in Lastra a Signa (Florence) that creates prototypes of the brand's products and launches them into production. It coordinates the production of clothes, bags and small leather goods for the Swiss brand. The company employs 55 people.

“We are faced with the first brand that, in the face of the crisis in the leather goods sector, has decided to disappear, leaving 55 people without any security,” write the unions, who are challenging the decision and the way in which it was taken (source La Nazione).

In addition, at the end of November, news came of another closure, decided upon by the owners of Bally: on January 15, the Bally Foundation in Switzerland, founded in 2006 and designed to maintain contact with the creative community outside of fashion, organizing collaborations, exhibitions with artists and creative associations, will cease its activities.

Marina Shumilina

Subscribe and follow the Shoes Report news in our official Telegram channel   

Swiss luxury shoe and bag brand Bally is in deep crisis. A month ago, it announced a restructuring at the brand's headquarters in Switzerland and the layoff of 65…
5
1
Rating

Latest News

International competition of footwear and accessories designers "Shoes-Style" was held in Moscow

On May 14, the Russian State University named after A.N. Kosygin hosted the international competition of shoe and accessory designers "Shoes-Style". This year, 75 collections of shoes and accessories prepared by students were presented at the competition…
15.05.2025 98

Jacquemus Opens Beach Season in Ibiza

Parisian fashion brand Jacquemus has opened a pop-up hotel and beach club on one of the most popular beaches of the Spanish island of Cala Jondal this summer. For this project, the brand is collaborating with the Casa Jondal restaurant, whose beach is decorated in…
15.05.2025 49

The new EKONIKA flagship is located in Stoleshnikov Lane

At the beginning of the week, the new flagship store of the Russian footwear and accessories brand EKONIKA opened in Moscow. The store is located on Stoleshnikov Lane, in one of the most expensive street retail locations in the capital - on the site of…
15.05.2025 86

Radical Chic Releases Collection of Scarves Inspired by Traditional Japanese Paintings

Russian accessories brand Radical Chic has presented a new collection of exquisite scarves based on traditional Japanese painting. The scarves' design is inspired by the collection of the State Museum of Fine Arts named after A.S.…
13.05.2025 270

Street Beat and Ilya Kutoboy launch The Art of Play campaign

The Street Beat chain of stores will support the launch of the summer collection with a bright advertising campaign The Art of Play. Summer is the season of relaxation and active games – from football to ping-pong. The main idea of ​​the campaign was the ability…
12.05.2025 330
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning