Italian unions claim '70-100%' success for Kering strike - Finance news and analysis from Global Banking & Finance Review
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Italian unions claim '70-100%' success for Kering strike

Published by Global Banking & Finance Review

Posted on May 20, 2026

2 min read

· Last updated: May 20, 2026

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Italian unions say there is '70% to 100%' participation in Kering strike

High Participation in Kering Strike and Union Demands

ROME, May 20 (Reuters) - A strike at luxury group Kering's facilities in Italy was highly successful, with participation rates of 70% to 100%, the Filctem Cgil, Femca Cisl and Uiltec Uil trade unions said in a statement on Wednesday.

Reasons Behind the Strike

Workers' representatives called the one-day protest against 54 job cuts at the Alexander McQueen label, as well as against an alleged lack of clarity over the group's reorganisation plan known as "ReconKering".

Union Statements on Layoffs and Negotiations

"We are striking over the layoffs at Alexander McQueen, over the company's refusal to engage with union representatives to find solutions for the redeployment of workers or to make use of social safety net mechanisms, over CEO (Luca) de Meo's unwillingness to share the Group's reorganisation plan with the social partners, as well as with investors," the unions said.

Kering's Response to the Strike

Kering said the redundancies at McQueen were unavoidable and "consistent with ... the strategic review of its global operations, aimed at restoring the business to sustainable profitability over the next years".

Commitment to Social Dialogue

The company also said it had "always been committed to maintaining a sound and constructive social dialogue with its unions' representatives", and would next update unions on future strategy in early June.

Kering's Brand Portfolio

Kering's brands include Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Ginori 1735 and Roman Style (Brioni).

(Reporting by Gianluca Semeraro; Editing by Alvise Armellini and Alison Williams)

Key Takeaways

  • Unions claim high strike turnout amid local outrage over 54 planned job cuts at Alexander McQueen, representing about one‑third of its Italian workforce (54 of 181 employees) (theindustry.fashion).
  • The strike reflects broader tension with Kering’s ‘ReconKering’ plan—a strategic restructuring unveiled in April 2026 aiming to restore desirability and operational discipline across its brands (nssmag.com).
  • Local political bodies in Novara have mobilised to support affected workers and urge activation of social safety nets, as unions demand transparency and worker redeployment amid the restructuring (lastampa.it)

References

Frequently Asked Questions

Why did Italian unions organize a strike against Kering?
Unions protested against 54 job cuts at Alexander McQueen and the lack of clarity over Kering's reorganisation plan known as 'ReconKering'.
What was the participation rate in the Kering strike?
Italian unions reported participation rates of 70-100% in the Kering strike.
Which Kering brand was specifically mentioned in the job cuts?
The layoffs specifically affected the Alexander McQueen label.
What reasons did unions give for the strike?
Unions cited job cuts, lack of engagement from Kering with union representatives, and insufficient information regarding the reorganisation plan.

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