Loss of Moreschi jobs a blow to Made In Italy
The loss of manufacturing jobs at a high-end footwear producer in Vigevano has prompted questions about the Made In Italy strategy.
Footwear group Moreschi began making high-end footwear in Vigevano in 1946 and, at its peak, employed around 300 people there. In February, however, Swiss investment firm Hurley, which has a controlling stake in the shoe company, announced that it would make 59 of the remaining Moreschi employees in Vigevano redundant. Those redundancies have begun to take effect now and by the end of May only around 21 jobs will remain at the site, none of them in shoe production.