Fendi invests in new leather goods factory

Fendi is to invest 57 million euros in a leather goods factory in Florence. The details were revealed by Tuscany’s Regional Council which said Fendi, together with parent company LVMH, the Ministry of Economic Development and Invitalia, will sign an agreement to expand “a new plant that will employ 133 new employees for a total investment of over 57 millions largely dedicated to creating innovative projects capable of adapting production to new market needs.”