MILAN — Although Prada Group is in talks with Italian unions about laying off a number of workers at the Genny factories in Ancona, the group’s chief financial officer, Riccardo Stilli, said the company "has no plans to terminate the Genny label or to sell the factories," and that the number of employees that were asked to leave is not confirmed yet.

Stilli characterized the layoffs as "a small reduction" and said they’re part of a restructuring strategy that will allow Prada to focus on the plants and actually boost production. Besides Genny, Helmut Lang and part of the Prada collections are produced at the Ancona plants.

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