French fashion label Saint Laurent, part of the Kering Group, will open a new manufacturing site for handbags and wallets outside Florence. The label would move 340 workers to the new 29,000 square-meter site in the industrial district of Scandicci and hire 300 more, president and chief executive officer Francesca Bellettini recently said.
Saint Laurent signed a 27-year contract with Italian state holding Cassa Depositi e Prestiti to rent out two abandoned buildings that will be renovated and handed over to the label in September 2022, according to global newswire.
The Tuscan hub will make prototypes of leather bag and wallet designs, carry out manufacturing, research and development and also train workers. Saint Laurent has also been investing to expand its shoe manufacturing site in Italy’s north-eastern region of Veneto.