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Monday 1 April 2019

Roberto Cavalli Employees Strike at Tuscan Plant

MILAN — Almost 200 employees went on strike at the Roberto Cavalli plant in Sesto Fiorentino, near Florence, on Monday as unions demand to be informed about the future of the company. This follows the announcement on Friday that Roberto Cavalli SpA’s board had decided to file a restructuring plan with the Court of Milan that would allow it to continue to operate while holding discussions with creditors under the so-called process of “composition with creditors.” On that same evening, all of Cavalli’s stores in the U.S. closed and all 93 employees were let go. The company’s U.S. subsidiary, operating under the ArtFashion Corp. moniker, is filing for Chapter 7 this week, as reported.  While still concerned about the situation, Mirko Zacchei, a member of trade union Cisl, told WWD that “the positive in all this is that finally we all sat down to talk,” referring to the meeting held by the unions with Cavalli’s president Emiliano Nitti, chief executive officer Gian Giacomo Ferraris, mayor of Sesto Fiorentino Lorenzo Falchi and other municipal and regional officials. “In the past, we’ve seen decisions made unilaterally or communicated once taken, at least now there are collegial discussions. But it’s total darkness about the future,” he cautioned. That said, Zacchei

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