The acquisition builds on Burberry’s strong manufacturing heritage in the UK, where it will continue to weave gabardine and make the brand’s iconic heritage trench coats, and follows the successful integration of Burberry’s leather goods hub in Florence, Italy, Burberry said in a press release.
Burberry has completed the acquisition of a product development division from its supplier Pattern.
The move aims to bolster Burberry’s expertise in technical outerwear and grant more control over aspects like quality, cost, delivery, and sustainability.
Around 70 employees from Pattern’s Turin site will transition to Burberry after the deal is finalised.
For almost two decades, Burberry has partnered with Pattern to produce luxury ready-to-wear including quilts and downs at the Italian company’s product development site in Turin, Italy.
Approximately 70 of Pattern’s employees in Turin will join Burberry on completion of the acquisition, expected later this year. Pattern will continue to operate the parts of the business not included in the transaction.
“This strategic investment is an important next step in bringing our outerwear category to full potential. It will enhance our capabilities, building on our strong foundations in the UK, and provide greater control over the quality, delivery, and sustainability of our products. It’s an exciting development and I am delighted to welcome our new colleagues on board,” commented Jonathan Akeroyd, CEO.
Fibre2Fashion News Desk (NB)
