(...) However, now it's being penalised, much like many other super luxury men's brands such as Brioni, by a business model and overcapacity of production that is no longer in sync with the current market demands.
The company said in a statement that "the employee reduction in the Carate Brianza establishment was determined by the drop in the formal market, which has been the case since 2009, and which has now become structural."
(...)
Five years ago, the brand operated seven production facilities and employed 1,600 people, far surpassing today's staff figures of close to 1,000.
Canali, which open around ten stores last year, boasts 180 boutiques globally, with 40 of these under direct management.(...)