Scandicci is the place: Richemont to move to Tuscany “the whole leather goods manufacturing”, aiming to triple their turnover in 5 years

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Tuscany’s leather goods district is going to reinforce its leading role in high-end manufacturing. Following Kering, LVMH, Burberry and several other fashion brands, supposedly Richemont are also going to relocate their industrial development, as well as most of the work processes related to accessories production, in the area based between Florence and Scandicci. Allegedly, such decision comes after the clearly positive trend of Montblanc laboratories, which settled in Scandicci over ten years ago at this point. As reported by Il Sole 24 Ore today, the first ones to move to Tuscany are likely to be Cartier and Dunhill; shortly after, Purdey, Alaia and Serapian as well. As for the Milanese leather goods brand – we asked them to release a comment about the situation – still we do not know what they are going to do with regard to their laboratories, traditionally placed in Lombardy’s county seat: the company has not given out any information so far. By moving the group’s development to Tuscany, they aim to triple, in five years, their revenues (which would increase from 120 up to 350 million euros) and double the number of employees in Montblanc production plant – whose new name is already Richemont – by creating around 90 new jobs. As reported by Il Sole 24 Ore, Giacomo Cortesi, managing director of Montblanc, pointed out that “leather goods have become the group’s third pillar, after watches and jewelry”: that is why they decided to make some investments, aiming to “reinforce their position”.

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