The company expects to move certain products to six-month and three-month lead times.
The company also lowered guidance for 2018 full-year earnings per share.
The jewelry brand’s ceo Alessandro Bogliolo is pleased with its recent performance but not satisfied.
The company is paying the price of a swift program to downsize and streamline in a tough market.
The big groups are buying factories, courting artisans and pumping up their accessories offers.