News

Gucci Group acquires 70% stake in Pigini SRL

01/12/2003

The Italian luxury goods giant, Gucci Group NV, has acquired a 70% stake in the Italian shoemaker, Pigini SRL.

 

Pigini, based in the central Italian region of Le Marche, has been making shoes for Gucci for around 20 years. The firm has a workforce of about 100 and is known for its high quality products and a high tech plant which was built over a year ago.

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