Burberry to buy leather goods business from CF&P

Luxury fashion brand Burberry has agreed to buy a luxury leather-goods business from longstanding Italian partner CF&P. Burberry said that CF&P employees, including the term of craftsmen who have worked closely with the group for more than a decade, will transfer to the company on completion of the deal, which is expected later this year. Chief executive officer Marco Gobbetti said: "This acquisition is a major milestone for us and a statement of our ambition in this strategically important ...

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