Safilo and Its Unions Coming to Grips with Armani Loss

Safilo recently signed a preliminary agreement with the unions after a number of intense but constructive discussions and negotiations about the redundancies caused by the loss of the Armani license. The agreement ensures the use of the solidarity contract for 24 month, which Safilo says is in-line with its industrial plan. Safilo is looking to make its production more flexible and to improve plant efficiency through training programs, requalifying workers, and plant investments. Read more.